

Before the advent of crypto, the best way to trade large amounts of cash anonymously was the bearer bond, a certificate made payable to whoever was holding it at the time. Bearer bonds work like cash on paper, requiring no signatures or witnesses to transfer ownership. The lack of scrutiny makes these documents a favorite of tax evaders, money launderers, and organized criminals, a.k.a. billionaires, hence why the United States effectively banned new issues in 1982. This particular certificate is stamped at $100,000 and was issued by the Cayman Islands Bank, a trusted institution favored by oligarchs and rich pedophiles the world over.