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by Firehed 5026 days ago
> you can buy them to your name, and then after a few transfers/transactions it would take the collaboration of an army of disparate users worldwide to determine where did the coins come from

Sounds exactly like money laundering to me, even if there isn't malicious intent. I'm genuinely surprised the government hasn't done much to try killing off bitcoin, even with it being (relatively speaking) a tiny fringe movement.

1 comments

Money laundering is used to get the books to add up, it's more to do with accounting. The actual medium of cash is irrelevant.

What muyuu is talking about is akin to wiping your dollar notes, to remove any dna evidence that you ever touched them