Post
Topic
Board Bitcoin Discussion
Re: Money laundering via BTC
by
0t3p0t
on 23/12/2020, 08:24:34 UTC
Hi guys ! My name’s Dave.
ข่าวกีฬา
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?
It is really possible to do money laundering via Bitcoin because it is decentralized and it has a secure transaction to cover tracks. Money laundering has been practised for over thousands of years so there is no doubt that it is not possible in the modern ages even in an advanced technology. I read something like this before on the internet about the use of Bitcoin in funding terrorism, buying weapons, drugs and other illegal activities.