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But this won’t be a 100% closed ecosystem still right? You pay rent to your landlord in crypto, and they pay their employee in crypto, but somewhere there will
by captn3m0 5y ago
But this won’t be a 100% closed ecosystem still right? You pay rent to your landlord in crypto, and they pay their employee in crypto, but somewhere there will be someone exchanging it for Fiat down the chain. And that’s invisible risk (unlike say, transacting in cash with your landlord knowing it can’t be traced).
- vmception 5y agoThen launder all your crypto because you dont know if someone thinks you are a hacker from 20 transactions ago trying to cash out This of course makes your legal actions indistinguishable from hackers laundering their own crypto, shifting the methods away from probable cause to completely benign