Re:We’re all criminals now
by imtringued on Thursday July 08, 2021 @12:08PM
(#27773901)
Yes, let's be real. The vast majority of people who use cryptocurrencies for payments use them because they have no legal alternative. It's the same problem that all privacy focused technologies "suffer" from. When the law is wrong then you have no choice but to break the law but there is no way to distinguish people escaping from an oppressive government and people laundering money from criminal sources. The oppressed and the criminals both take the same bus.
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Re:We’re all criminals now
by ineedasername on Thursday July 08, 2021 @12:13PM
(#27773979)
when the law is wrong
Yes, although on a volume basis money laundering for criminal (as in organized crime) is likely much larger than refugees fleeing their country & attempting to take some of their money with them.
>but there is no way to distinguish people escaping from an oppressive government and people laundering money from criminal sources
Is there a difference? Which governments aren't oppressive so their definitions of criminal sources don't count? I think they are exactly the same thing. A meaningful split might instead be funds derived from violent crime vs victimless crime.