What are the risks of buying U with cash?
Anyone who receives U in cash has cash that comes from black and gray industries.
It's too easy for exchanges to freeze accounts selling USDT; many people are scared of being frozen, so they choose to sell U offline for cash, thinking that this will block black money.
But is receiving cash really safe?
The answer is definitely not safe!
Anyone who regularly receives U in cash must have cash coming from black and gray industries, it's certain.
Because individual crypto traders simply do not have sufficient funds to maintain this supply, don't think that traders can withdraw cash from their own accounts to give you; it's impossible. These cash traders do not store cash in their own accounts to withdraw for you.
This cash, to put it bluntly, cannot be stored in accounts; it cannot be accounted for publicly, and if it must be stored, it needs to be mixed with clean cash.
What era is this? Money has long been digitized; there are only a few situations where cash is used:
1. New Year's greetings and lucky money.
2. Temporary financial difficulties, no money in the account.
3. Gifts, asking for favors.
4. Black and gray funds that cannot be accounted for...
Even those who have had their accounts frozen can still use Alipay and WeChat Pay for online payments.
Anyone who receives U in cash has cash that comes from black and gray industries, mostly from telecom fraud funds.