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Indeed. The crypto dream often involves being able to move huge sums of money around the world, with no ability to trace it to real people. This is the opposi
by yashap 7y ago
Indeed. The crypto dream often involves being able to move huge sums of money around the world, with no ability to trace it to real people. This is the opposite of what established financial systems want. Of course they don’t want to legitamize crypto currencies, they’d be introducing a massive vector for crime and tax evasion.
- jacobush 7y agoYep. The honest actors don't want anything to do with money laundering, the shady actors want these vectors for themselves so they can take a cut. https://www.forbes.com/sites/heatherfarmbrough/2019/03/29/swedbank-faces-escalating-money-laundering-scandal/ https://www.forbes.com/sites/heatherfarmbrough/2019/03/29/sw...