Re:GNU Taler – Payment system for privacy-friendly, fast, ea...
by vidarh on Saturday January 08, 2022 @07:39AM
(#29851113)
I'd take more of an issue with the fact they suggest this avoids money laundering.
One of the easiest ways of doing money laundering is using businesses that can get away with large amounts of anonymous income without proportionally large production or purchase costs, and then buy your own products and services with ill-gotten money to produce a legitimate-looking revenue stream.
"Just" having to pay tax on the income is hardly a major barrier to using it for money laundering.
One of the easiest ways of doing money laundering is using businesses that can get away with large amounts of anonymous income without proportionally large production or purchase costs, and then buy your own products and services with ill-gotten money to produce a legitimate-looking revenue stream.
"Just" having to pay tax on the income is hardly a major barrier to using it for money laundering.