Post
Topic
Board Legal
Re: Money laundering via BTC
by
btctaipei
on 01/11/2020, 20:54:37 UTC
Hi guys ! My name’s Dave.

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?ข่าวกีฬา

Any help will be fine.
Thank you in advance.


Why don't you use fiat cash like USD for money laundering?  It exists long before BTC and from what I understood you can stash it in places that are hard to find. If inflation concerns you than visit local gold coin / bar dealers with your bags of cash and have them melt down bars before you to make sure it is real.