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by ETH_start
1435 days ago
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It's only the dictators of banana republics, which by definition are not great power states, which need to engage in that kind of corruption, and only because they don't wield government power within the largest economies, where they would prefer to park their wealth due to their centrality and stability. Those at the top of the political order within the centers global economic power have no need to engage something as crude as money laundering, or at least not the kind that depends on clandestine exchanges of briefcases filled with cash. Everything is reported and ostensibly legal. >>You can't have anonymity without enabling crime and laundering. You can very much combat crime without warrantless mass-surveillance of private financial transactions. Real crime leaves huge numbers of evidence trails that can be followed. Private electronic cash can also be utilized by law enforcement to incentivize informants to come forward anonymously. Warrantless mass-surveillance enables tyranny. It enables the kind of systemic repression that can harm billions of people. |
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