The article they link has some more info on the mechanism. http://www.chinaknowledge.de/History/Terms/feiqian.html http://www.chinaknowledge.de/History/Terms/f

The article they link has some more info on the mechanism. http://www.chinaknowledge.de/History/Terms/feiqian.html http://www.chinaknowledge.de/History/Terms/feiqian.html Ultimately crypto is trying to solve the same problem, keeping track of transactions on a ledger. Different cryptocurrencies have different levels of anonymity. Monero is probably more private than bitcoin (not an expert). But yeah to me it seems like they could’ve written the same article and replaced flying money with crypto and it’s the same problem. Can’t share info with Chinese cops because of national security but if you ask me 81k dead per year (plus funding Mexican cartels) is a national security issue too.