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by TacticalCoder 959 days ago
> E.g. crypto in eastern Europe.

Ah the crypto boogeyman! That argument is ridiculous. The CIA factbook estimates that the proportion of the GDP linked to crime worldwide is 3% to 5%: that's 3 to 5 TRILLION USD directly linked to criminal activities.

Cryptocurrencies do not even register here. It's not even a drop in the bucket.

Moreover public ledgers are what law enforcement and IRS' employeees' wet dreams are made of.