Re:Bitcoin Is a Hideous Monstrosity Made Out of Computers an...
by ChicagoDave on Wednesday June 22, 2022 @08:00AM
(#31834892)
So basically, criminals that love the idea of hiding their illicit transactions from government oversight so they can traffic humans and drugs.
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Re:Bitcoin Is a Hideous Monstrosity Made Out of Computers an...
by hardmoney99 on Wednesday June 22, 2022 @08:03AM
(#31834933)
You literally have to go through a regulated exchange to onboard and unload your illicit transactions. Not to mention your entire transaction history is public up to the exchange event. The biggest money launderers of today are literally the world's biggest banks. Go look up Deuche Bank money laundering fines.
Re:Bitcoin Is a Hideous Monstrosity Made Out of Computers an...
by behringer on Wednesday June 22, 2022 @08:03AM
(#31834931)
Or anyone that wants to travel without having their 5 or 10k in savings confiscated under asset forfeiture laws.
Re:Bitcoin Is a Hideous Monstrosity Made Out of Computers an...
by ChicagoDave on Thursday June 23, 2022 @11:45AM
(#31850749)
But why on earth would a legit person have anything seized?
Re:Bitcoin Is a Hideous Monstrosity Made Out of Computers an...
by behringer on Friday June 24, 2022 @11:36AM
(#31863865)
I don't know, you'd have to ask the police why they keep funding their police department with seized assets from people without trial or even suspicion.
Re:Bitcoin Is a Hideous Monstrosity Made Out of Computers an...
by ChicagoDave on Friday June 24, 2022 @11:26PM
(#31872296)
100% separate issue from the credibility behind crypto users evading the law.