You can't stop the trade of digital goods when people can encrypt their electronic communication.
As value becomes storable as purely digital information, the choice is either the status quo, where encryption makes money laundering trivial, or prohibiting public access to strong encryption, and instituting a Big Brother surveillance state without privacy.
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Seems like preventing the trade of digital goods stops money laundering fairly effectively...
You can't stop the trade of digital goods when people can encrypt their electronic communication.
As value becomes storable as purely digital information, the choice is either the status quo, where encryption makes money laundering trivial, or prohibiting public access to strong encryption, and instituting a Big Brother surveillance state without privacy.
So money laundering never happened before digital goods existed?
Yeah, because I meant all money laundering and not just this specific laundering situation...