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by spinny 1505 days ago
> Well the difference is that banks are highly regulated ...

probably why there is so many instances of banks getting caught laundering money for criminal organizations by the billions

> They are heavily audited and have strict rules about speculation.

you can audit blockchains. you can't audit a bank's database and have to way for the next panama papers leak

1 comments

Come on, what percentage of banking activity is money laundering, and what percentage of NFTs sold is money laundering? I think there is an order of magnitude, order of magnitude difference.
that is the wrong comparison IMHO. if you are talking about money laundering using NFT's as in pics of cartoon monkeys (an NFT is just a digital deed, the monkey pic is actually an extension), you should be comparing them to money laundering using art.