Hacker News new | ask | show | jobs
by olegkikin 3238 days ago
No, my point was, if you're so worried about money laundering, bitcoin should be the least of your worries. One bank laundered more in a few years than ALL of bitcoin is worth multiplied by 15.

And I doubt a significant portion of bitcoin is used for money laundering - it's mostly geeks, investors, and other early adopters holding it.

Another point was - the government generally doesn't seem to care about massive scale money laundering. I have no other explanation why nobody went to prison, and the fine was only $1.9B on $670B laundered.