Thing is, the ones in the mall do ID retention for 1 Baht of gold these days, and major chains.
This information all gets filed under your passport ID into the centralised server at AMOL and shared with Immigration and likewise a few other agencies.
The law was 2m, then 500,000 now 250,000/200,000 but with Foreigners it's basically any Gold amount.
So basically kinda defeats the purpose from a privacy perspective as they know who's doors to knockdown in a Gold sezure event (i.e if India stock market, economy crashes and creates a Asian financial crisis︀ due to the interlinked economies within the monsoon region).
Were you not being chased by one financial tax agency︃ a while back?
You earnestly believe data isn't shared or cross-meta-banks?
The only time data︄ isn't collated is when there's a personal relationship, and those are difficult for new people︅ to get into unless there is an introduction, especially in the era where everything and︆ anything is labelled as laundering and the ramifications of such.
You can put down 10k︇ cash no questions asked for a property in Switzerland and the rest the lawyer will︈ tell you to buy furniture with lol.
Same applies to gold outside of a personal︉ relationship.
The world has changed its more restrictive due to the ramifications in the west,︊ and in the east certain countries are becoming more restrictive (Thailand being one of them).︋
Laos, Cambodia, Eastern Africa, parts of South America, and parts of the Middle East/North Africa︌ are still behind but the West and emerging economies are all embracing unexplained wealth orders,︍ surveillance, money laundering charges etc due to demographic collapse and state burdens.
Obviously we've been︎ through these cycles all the way back to Ancient Greek Cities, hopefully the unravelling and️ collapse is quickly so we can return to the principles of privacy, freedoms, and naturally have a dismantled international computational network. (polarised world -> economic collapse -> wars -> famines -> revolution / state collapses)
