Post
Topic
Board Economics
Re: Money laundering tools
by
Farma
on 15/10/2018, 16:29:30 UTC
In my opinion, BTC is not a traditional currency like gold and silver because it does not have any use value, so it is not a credit currency. It's basically just one use, money laundering tool. The tool explains why bitcoin prices are spread across the country and abroad. Domestic money is changed into bitcoins and then physical transportation to overseas exchange for foreign currency escapes regulation and the cost of money laundering is lower than before, and the risk is low.

If you think bitcoin is a money laundering tool, you should look at US Dollar. US Dollar used by many illegal activity in many country and we already know it. I dont think bitcoin is money laundering tool because its depend on the user
well, I think the use of bitcoin depends on one's intentions. yes, bitcoin can be used as a money laundering tool, but of course there are several ways to prevent it. Well, I think even if you use Fiat, you can make it into money laundering. basically bitcoin is the same as money.