[naasking]

Very well said. It should also be said that criminals that want to launder money only exist because of government regulation. Sometimes that's totally justified, say with human trafficking, and sometimes not so much, like maybe a marijuana dispensary.

The point being, sometimes undercutting criminal activity can be done be legalizing the activity rather than introducing more types of illegal activities to try and detect the original ones. The cure is sometimes worse than the disease.