Money laundering is not evil. Anti money-laundering laws are evil. There shouldn’t even be a need to launder money, no matter how one came in possession of it.

Money laundering is not evil. Anti money-laundering laws are evil. There shouldn’t even be a need to launder money, no matter how one came in possession of it. Otherwise the burden of proof is inversed, where I have to prove to basically the preponderence of evidence standard to virtually all financial institutions that my money is not proceeds of some illegal activity. Anti-money laundering laws just add more crimes on top of the illegal activity in the first place, presumably because of lazy job by the politicians caused by lazy investigators, because evidently it’s easier to prove the money laundering fact, than the underlying criminal activity. Which is the same reason why we have civil asset fortfeiture, which, quite literally, is nothing more than legalized theft. > Then we have straight-out tax evasion. Kudos to whoever manages to get away with straight up tax evasion. Taxation is inherently violent. > And what about our own democracy? Absolute financial privacy can allow wealthy interests to brazenly buy politicians, with guarantees of untraceability. In that case, the politicians have too much power.