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Since all bitcoin transactions are traceable, it will be interesting to see how this money gets laundered.
by mdonahoe 14y ago
Since all bitcoin transactions are traceable, it will be interesting to see how this money gets laundered.
- astrodust 14y ago"Follow the money" has turned into "follow the chain".
- gst 14y ago1) Setup free Bitcoin mixer service where people can "launder" their own Bitcoins for improved anonymity (Hint: those services already exist) 2) Feed your stolen coins into the service and make sure that the rate of this isn't too high 3) Profit (if someone asks you have the perfect excuse) And in case you argue "using money from such a mixer service is suspicious": It doesn't have to be a mixer service. Use one of the numerous Bitcoin casinos. With the right games you can expect to win around 90% or more of the money that you've invested. And if you're lucky the coins that you get from the casino are different than the ones you paid them.