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> Money laundering is evil. I don’t even know how to respond to this sort of caveman “it evil” thinking but.. > funding of rogue nation states Rogue accordin
by eric_cc 4y ago
> Money laundering is evil.
I don’t even know how to respond to this sort of caveman “it evil” thinking but..
> funding of rogue nation states
Rogue according to you?
> straight-out tax evasion
Avoiding the violent theft of your hard earned money is now evil?
> We also have dictators and despots who plunder their countries and enrich themselves. Should their activities be private?
Their money should be. Store of value should be.
> Should we just allow them to siphon money off to other countries and live the high life while their population suffer?
This is a question that has very little to do with whether money is private. Inequality is not impossible to detect even if money is private.
> And what about our own democracy? Absolute financial privacy can allow wealthy interests to brazenly buy politicians, with guarantees of untraceability.
They don’t even need privacy. They do it in broad daylight.