Your counter-argument doesn't rebut jonknee's point. Try to buy $50k of Bitcoin from an exchange--you won't be able to, without going through the same anti mone

Your counter-argument doesn't rebut jonknee's point. Try to buy $50k of Bitcoin from an exchange--you won't be able to, without going through the same anti money laundering processes, providing your ID, etc. And, just like Bitcoin, you have alternative illegal ways to obtain cash without going through these AML hassles: trade goods with a individual on the black market. The point is, cash is comparable to Bitcoin in terms of enabling anonymous transactions. And there are legal as well as illegal ways to obtain both.