3 ms·
Cash is still best for illicit activities
by jliptzin 4y ago
Cash is still best for illicit activities
- silon42 4y agoand for privacy
- m12k 4y agoMoney laundering cash at scale is much, much, much harder than money laundering crypto.
- pasiaj 4y agoI seriously doubt that. Please elaborate why you think this is the case.
- mratsim 4y agoAmerica's underground economy is estimated at 2.5 trillions, 10-12% of GDP: https://www.investopedia.com/articles/markets/032916/how-big-underground-economy-america.asp https://www.investopedia.com/articles/markets/032916/how-big... The total market cap of ALL crypto is about 1 trillion today. So money laundering at a thousands of billions scale cannot use crypto.