• explodicle@sh.itjust.works
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    4 days ago

    Crypto is only good for money laundering on a small scale, like illegal drug websites. Once one gets to hundreds of millions, everything is much more tightly regulated and hard to use anonymously.

    Get ready for your apartment to be owned by a “DAO” that’s not decentralized at all, but that claim goes unchallenged by the state.

    • jagged_circle@feddit.nl
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      4 days ago

      Its doesn’t really work at all. Bitcoin is a public Leger.

      The best currency for laundering money is USD. Always has been.