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Its not and for you to write that you didn't really visualize what I described At the bare minimum you should realize that any KYC’d individual can convert bil
by vmception 6y ago
Its not and for you to write that you didn't really visualize what I described
At the bare minimum you should realize that any KYC’d individual can convert billions of dollars of crypto to US Dollars in a day without moving the markets more than a few percent
and after that you should realize that classifying a transaction as clean is not difficult
But if you don't want any transaction associated with anyone’s identity it is simply more time consuming, eventually you are still getting to a KYC’d individual that can receive a wire transfer in dollars at any meaningful amount in a day
And finally, you can try to reread what I wrote earlier, jot the steps down on a napkin if you need to, its not that complicated you are just starting from a place that assumes an omniscient state and a culture of stigmatizing the movement of money, and thats just flawed
- thebean11 6y agobased on your comments, this all seems pretty pointless. why mess with binance when you could just use a distributed service like coinjoin. Seems like money laundering is easy! > And finally, you can try to reread what I wrote earlier, jot the steps down on a napkin if you need to give me a break bud. talking down to people makes me assume you're clueless.