4 ms·

And Deutsch Bank laundered hundreds of billions of euros for drug lords. What system is flawed again?

• whaaswijk 4y ago
  Is there a mechanism in place to stop people from laundering money with ethereum? This is a serious question, I’m a total noob when it comes to crypto.
  • seibelj 4y ago
    You can’t stop crime, otherwise murder wouldn’t happen. If you give people a modicum of freedom then some amount of them will act with criminal intent. Arguably the blockchain makes detecting and prosecuting money laundering easier than our opaque legacy financial system.
    • ahahahahah 4y ago
      Right, in the same way that in the hypothetical Blockchain utopia anyone seeing you eat at a coffeeshop can also see what porn sites you visit, how often you shop at the dispensary, and which escorts you prefer to visit.
• pram 4y ago
  I can think both are bad.