alt Hacker Newsit becomes significantly easy to store money and launder it whenever, it's what all indian scammers do: get it out of the banking system into crypto
it becomes significantly easy to store money and launder it whenever, it's what all indian scammers do: get it out of the banking system into crypto
> and launder it whenever
Again, there is no "LaunderBTCAndTurnIntoUSD" function in the Bitcoin protocol...
> get it out of the banking system into crypto
And please describe how you do so without involved A) banks who look the other way and B) registered companies who handle the on/off-ramping from/to BTC.
When people argue that it makes it so much easier to launder money, please spend at least a minute to actually figure out how that will work in practice, and you'll understand that Bitcoin makes the laundering HARDER than what it is with cash, not easier...