[ethanbond]

The important feature of traditional accounts is that they’re all individually tied to some real-world entity. It’s hard to understand what money ultimately went where in a chain of 10,000 purposely convoluted transactions even if you can see the entire transaction record. Good luck creating 10k bank accounts to shuffle money around.

[meowface]

True. But if someone's goal is to launder, they're just going to use Monero - no need to do any kind of shuffling and mixing like that. It's simply untraceable by default and way more anonymous than USD or Bitcoin.

[meowface]

(I should've said "nearly untraceable".)