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> You can trace all transactions across the globe with cryptocurrency * Assuming KYC laws are enforced and account holders are listed
by ethbr0 5y ago
> You can trace all transactions across the globe with cryptocurrency
* Assuming KYC laws are enforced and account holders are listed
- gorgonzolachz 5y agoKYC only helps to an extent, right? My understanding of crypto is minimal, but if you run your own miner I assume you don't need to verify anything to anyone. You should be able to send out transactions to the network and have them be accepted anonymously, which is what most people who would be interested in money laundering would do.
- ethbr0 5y agoFor proof of work, I think that's true. When things start moving to proof of stake, less so.