"New technology enables the unwashed masses to engage in financial crime at an industrial scale. That's supposed to be reserved only for oligarchs and politicia

"New technology enables the unwashed masses to engage in financial crime at an industrial scale. That's supposed to be reserved only for oligarchs and politicians." This new technology also enables a degree of financial privacy that's a fundamental threat to civilization. It's... uhh... significantly less private than cash and (depending on the cryptocurrency used) often less private than bank wire. Never mind. FTFY Financial crime is one of those things that becomes less criminal as the scale gets larger or as one approaches influential political circles. Launder a hundred grand for a street drug dealer? Go directly to prison. Launder billions for drug cartels through major banks? You might get a fine and have to apologize. https://www.buzzfeednews.com/article/anthonycormier/hsbc-money-laundering-drug-cartels https://www.buzzfeednews.com/article/anthonycormier/hsbc-mon... Yes this last part is part whataboutism, but not without reason. 2008 proved that meaningful financial reform is virtually impossible. A riot is the last resort of the powerless.