2min chapter

Against the Rules with Michael Lewis cover image

On Background: Crypto Skeptic Proven Right

Against the Rules with Michael Lewis

CHAPTER

The Importance of Bitcoin for Money Laundering

It's been funny to watch even the dark use cases being undermined, like money laundering. Bitcoin's great because your transactions are entirely secret and no one will ever know what you did. That turns out not to be true. And so if you are trying to launder money or transmit funds that are illicit, it's kind of the worst possible thing for that.

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