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>Money laundering restrictions work because everything goes through a fairly centralized banking system. Crypto has no such equivalent. You are treating encryp
by slg 5y ago
>Money laundering restrictions work because everything goes through a fairly centralized banking system. Crypto has no such equivalent.
You are treating encryption as an independent end goal by itself when it is only a tool that is used during communication and storage. Communication and to a lesser extent storage are highly centralized. How much of the average person's encrypted communication occurs in a channel that is not touched by some US company?