I must say that I dislike the rationale for banning structuring.
So there are two possibilities.
1. You think the government shouldn't be allowed to track money laundering
2. You have a suggestion on improving money laundering tracking without anti-structuring laws
If you believe the government has a legitimate vested interest in stopping money laundering and you set a $10,000 limit before something must be reported, the reporting requirement might as well not exist if someone can deposit $9999.99 literally 100 times per day without a report being generated.
So what would your suggestion be on how to track money laundering? Or do you just think that's none of the government's business?
The answer isn't to then set the $10,000 limit and add an opaque criteria of "but the limit doesn't matter if we look at your transactions and think you are hiding something".
Something more reasonable may be: a limit of $10,000 per month (or any time frame) before mandatory reporting. That of course means dropping the hand wavy exception completely.
So there are two possibilities.
1. You think the government shouldn't be allowed to track money laundering
2. You have a suggestion on improving money laundering tracking without anti-structuring laws
If you believe the government has a legitimate vested interest in stopping money laundering and you set a $10,000 limit before something must be reported, the reporting requirement might as well not exist if someone can deposit $9999.99 literally 100 times per day without a report being generated.
So what would your suggestion be on how to track money laundering? Or do you just think that's none of the government's business?