[from]

I'm convinced there's always going to be some new frontier for regulators to say "if we could just get rid of this, there'd be no more crime."

80s/90s: offshore banks, bearer shares

00s: MSBs/money orders/check cashers

10s: prepaid/gift cards, crypto, luxury real estate

Truth is that as long as you can triple your money bringing cocaine from Mexico to Texas people are gonna do it. If anything they've made it harder to track because instead of criminal proceeds just being deposited in a Miami bank account they're being used to buy cell phones for export to Colombia.

[vmception]

and crypto brings back bearer shares on steroids

not regarding anonymity but in fungibility and capital formation, selling and trading the shares is on another level