Re:Bitcoin is not decentralized
by tptacek on Wednesday June 01, 2011 @02:28PM
(#2608614)
It is difficult to launder huge volumes of $20's and $100's.
It is trivial to launder huge volumes of forged Bitcoins; they are as liquid and convenient as real Bitcoins of any denomination.
Similarly, while you have to read interesting long-form journalism to learn about Iraq and North Korea counterfeiting operations, the whole world would know if either country could trivially forge Nasdaq transactions.
It is trivial to launder huge volumes of forged Bitcoins; they are as liquid and convenient as real Bitcoins of any denomination.
Similarly, while you have to read interesting long-form journalism to learn about Iraq and North Korea counterfeiting operations, the whole world would know if either country could trivially forge Nasdaq transactions.