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Bitcoin is a lousy medium for illegal activity. Every transaction is logged for all eternity just waiting to be de-anonymized. Besides, Singapore implemented t
by paulsutter 12y ago
Bitcoin is a lousy medium for illegal activity. Every transaction is logged for all eternity just waiting to be de-anonymized.
Besides, Singapore implemented this functionality long ago. Sell Chinese goods at breakeven (or even a loss) to a corporation in Singapore, which realizes the profits. Singapore is the busiest trans-shipment port in the world [1].
[1] http://en.wikipedia.org/wiki/Port_of_Singapore http://en.wikipedia.org/wiki/Port_of_Singapore