Post
Topic
Board Bitcoin Discussion
Re: Money Laundering started with banks not bitcoins.
by
sehoon
on 01/12/2018, 04:43:07 UTC
The people in Banking industry have long associated Bitcoins with money laundering, from calling it a bubble to linking it to terrorists money they did everything in their power to destroy bitcoins. Today it's been proved that money laundering happens due to banks, was happening before bitcoins came. Deutsche Bank has been raided for money laundering, and it's pertinent to note bankers from this bank had said bitcoins is used for money laundering. It proves that fiat money is and always will be used for money laundering, it's time to stop the witch hunt against bitcoins. #ItrustBitcoinsoverBank.

Link: https://www.newsbtc.com/2018/11/29/bitcoin-is-criminal-money-says-the-media-while-deutsche-bank-gets-raided-for-laundering/

Of course, people who use bitcoin are not the people who pioneered money laundering. There is already money laundering way before 2009. And yes, there are bad people who actually use bitcoin. For example, the people at the dark web actually use this currency in order to gain money. Bad people use cryptocurrency does not mean cryptocurrency is bad. And by the way, this is not bitcoin vs banks. Banks and bitcoins are both important for us since bitcoin is not yet accepted by "all" of people. Cryptocurrency and fiat money are both different entities.