Quote from: marcbitcoins on September 29, 2018, 12:58:49 AM

Quote from: shamzblueworld on January 09, 2017, 05:11:50 AM

Is it possible to do money laundering via bitcoin? I mean as no one knows if you have bitcoin and how much bitcoin do you actually own, it could be used to convert black money to white right? Or at least store your black money without much hassle. But there is the risk of its value but I think for people who have lots of black money and don't want to be caught, this risk might be worth taking for them isn't it?
What are your thoughts?

Money laundering is the main reason of why bad people is joining this investment so that it could use Bitcoin in their self interest agenda as it could not easily track transactions and the owners before because of its Anonymity but with the power of regulation, these are all neutralize now but the demand for Bitcoin was affected too as these bad guys are part of the Bitcoin holders before.

We do not want to see the increase of demand because of the bad guys, if we want bitcoin to progress we have to make it useful for everyone.
Money laundering law is already here even before bitcoin's inception, and it's the duty of the government to track dirty money to trace criminals and their illegal activities.