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(26,549 posts)

8. Bitcoin offers a far better way to launder money than banks.

Fri May 17, 2013, 04:23 PM

May 2013

If you think people aren't using Bitcoin to launder money, you're in for a big surprise.

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U.S. Seizes Operator Accounts Of Major Japanese Bitcoin Exchange [View all] Purveyor May 2013 OP

The ZeroHedge Berlin Expat May 2013 #1

They've already gone nuts Cali_Democrat May 2013 #4

Who laughs last, laughs best. Psephos May 2013 #17

Yep, money laundering. nt bemildred May 2013 #2

Economic terrorism. socialsecurityisAAA May 2013 #3

Yeah, it's critical we make money laundering easier. (nt) jeff47 May 2013 #5

Banks launder money, this has nothing to do with that. socialsecurityisAAA May 2013 #7

Bitcoin offers a far better way to launder money than banks. jeff47 May 2013 #8

No it doesn't. You can't invest bit coin or turn it into investable socialsecurityisAAA May 2013 #10

Wow....you know absolutely nothing about bitcoin. jeff47 May 2013 #11

Bit coin isn't anonymous, or else you could never claim it LOL socialsecurityisAAA May 2013 #13

Then provide the link. jeff47 May 2013 #14

No matter it's purpose, it is perfect for money laundering jeff47 May 2013 #16

The article says no such thing! LOL socialsecurityisAAA May 2013 #22

Bitcoin is not anonymous .. Lenomsky May 2013 #23

It's actually quite posssible to trace transactions: joshcryer May 2013 #20

Max Keiser predicted this several months ago. Gregorian May 2013 #6

I noticed that as well. AtheistCrusader May 2013 #12

Got somebody provoked...indeed! eom Purveyor May 2013 #19

Money transfer = Speech cprise May 2013 #21

Here's a good way to launder money They_Live May 2013 #24