you comment as if bitcoin and other currencies aren't used DAILY for transactions (that get cashed out regularly by the way) by people who got their coin in sha

you comment as if bitcoin and other currencies aren't used DAILY for transactions (that get cashed out regularly by the way) by people who got their coin in shady ways and want to get their cash without interference. There are all sorts of fairly simple ways to circumvent the supposed obstacles you mention and they're especially useful for controversial donation-type scenarios like the above. As long as the crypto being sent has been anonymized along the way, anyone in any fully registered exchange in any given country could easily cash it out without there being any connection to the crypto having come from a donation to some X site that's politically controversial.. This is basic stuff. Despite inherent flaws, it works for these types of things and definitely more so than paypal or other large companies which regularly freeze transactions for all sorts of bullshit moral, political, social and etc reasons that don't even require illegal activity. Crypto may be sort of crappy for major money laundering (drug cartels and mafias already get plenty of help on that from happy managers at huge "respectable" banks, see case of HSBC and Mexican cartels as an example) but crypto could definitely work for small transactions that aren't illegal but very likely to be blacklisted by companies like paypal. I mean, if I were running a wikileaks, porno or similar type site, crypto is exactly what would be a useful fail-safe. It may be imperfect and I know the HN crowd has an emotionally laughable collective disdain for it but let's use some common sense no? Instead of just criticizing groundlessly.