Post
Topic
Board Bitcoin Discussion
Re: IMF Managing Director Christine Lagarde Answers Bitcoin Question on ABCs Q&A
by
securityguy
on 23/02/2014, 10:41:06 UTC
Christine's concern about bitcoin being a tool for money laundering and tax evasion is really a concern that technologies like bitcoin threaten the traditional banking systems protected monopoly they have on the mass money laundering and tax evasion they conduct themselves.   A protected monopoly is very profitable and the bitcoin invention undermines that monopoly.