Bitcoin was created to stand as a decentralized medium of making transactions from one person to another without the involvement of a third party or the government which is a good initiative towards privacy and madon't we think that politicians who loot government funds can use bitcoins to hide huge amount of money such that when the EFFC want to probe them for mismanagement of funds it will be difficult to recover looted funds since they might not be able to trace it due to the fact that they have converted the money to bitcoins. Can decentralization really help us at this time when there are so many cases of financial crimes in the society?
Bitcoin Wasn't ever created to fight financial crimes but to end the dubiousness of regulations and it authorities where individuals are deprived of their rights and conveniences of facilitating transactions and same be custodial of your funds which system can only be actualized by the concept of the decentlization.
There's no ever going to be a technology or central policies that could end financial corruption. Perhaps from the world banks down to the local sectors including other authorities are all corrupted so never expected a honesty in a regulating sector. It's either not the part of the potential of bitcoin to fight such money laundering.
I also hope you haven't been convinced by the critics that speculates that bitcoin is projected to support Crime with it decentralized potential that can also keep users identify anonymous.