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You've sufficiently attacked the source, but I'll reiterate that I'm not looking to pick a fight here, I'm asking for actual evidence or even a supportive argum
by mustacheemperor 9y ago
You've sufficiently attacked the source, but I'll reiterate that I'm not looking to pick a fight here, I'm asking for actual evidence or even a supportive argument for what you're saying. I've heard for many years that money laundering is common with online currencies, but as I've said I'm not an expert. If you're that much less clueless and have more understanding please share it. There's a lot of discussion in crypto threads that assumes the opposite of what you're saying so it'd be nice to have the tools to disprove incorrect assumptions.
Bitcoin mixing is also pretty expensive but people still do it, and prior to bitcoin or bitcoin mixing existing presumably people were using a more expensive alternative.
- ryanlol 9y ago>I'm asking for actual evidence or even a supportive argument for what you're saying It's hard to prove a negative, there's simply no evidence at all that anyone has ever used videogame money to launder the proceeds of unrelated crimes. The idea also sounds fundamentally unlikely as videogame currency markets are pretty small¹ and actually getting the currency sold is a long and risky process. >I've heard for many years that money laundering is common with online currencies It is. But when people have purpose built solutions like Liberty Reserve and Perfect Money, nobody chooses to waste their time and money on messing with videogame currencies. >Bitcoin mixing is also pretty expensive but people still do it, and prior to bitcoin or bitcoin mixing existing presumably people were using a more expensive alternative. Bitcoin mixing has historically been very cheap, right now it still is below 1% cost if you're mixing more than a couple of coins at a time. ¹even for WoW, I used to sell gold