Money Laundering started with banks not bitcoins.

[H1N1]

The people in Banking industry have long associated Bitcoins with money laundering, from calling it a bubble to linking it to terrorists money they did everything in their power to destroy bitcoins. Today it's been proved that money laundering happens due to banks, was happening before bitcoins came. Deutsche Bank has been raided for money laundering, and it's pertinent to note bankers from this bank had said bitcoins is used for money laundering. It proves that fiat money is and always will be used for money laundering, it's time to stop the witch hunt against bitcoins. #ItrustBitcoinsoverBank.

Link: https://www.newsbtc.com/2018/11/29/bitcoin-is-criminal-money-says-the-media-while-deutsche-bank-gets-raided-for-laundering/

Well, money laundering is not only using bitcoin, you can use fiat currency to do money laundering too.
This is only a false accusation by some peoples who doesn't like using bitcoin and cryptocurrency.
and i think bitcoin is not a bubble because if it was, it would exploded already and never back to bubbling again, unlike bitcoin.

[Vindesael]

this is a great new. thank you for your sharing

[Mr.grin]

yes it is true, before bitcoin there have been many crimes that have arisen. Bad people are to blame because the evil ones will always find a way to do the action. Even though the rules are made, security is doubled if bad people will find ways to do evil.

well, bitcoin is always used as an excuse for money laundering. however, many people don't realize that before there was bitcoin, money laundering was also often done. besides that there are still many methods that are carried out for money laundering. well, but I don't know, that has become a common thing.

[basyang]

The people in Banking industry have long associated Bitcoins with money laundering, from calling it a bubble to linking it to terrorists money they did everything in their power to destroy bitcoins. Today it's been proved that money laundering happens due to banks, was happening before bitcoins came. Deutsche Bank has been raided for money laundering, and it's pertinent to note bankers from this bank had said bitcoins is used for money laundering. It proves that fiat money is and always will be used for money laundering, it's time to stop the witch hunt against bitcoins. #ItrustBitcoinsoverBank.

Link: https://www.newsbtc.com/2018/11/29/bitcoin-is-criminal-money-says-the-media-while-deutsche-bank-gets-raided-for-laundering/

 I am agree with you. Laundering is not started in cryptocurrency. Because cryptocurrecy is started recently and before it start laundering is widespread. Before they invented a virtual money they first use fiat. Well, I think Bitcoin can use in money laundering is because we can earn a money from it. People can use it as a tool to do some illegal activities freely.

[sidodadii]

money laundring is activity to hide the origin of fund via many transaction, so they think if that money from legal activition. yes, people start laundring their money from bank, impossible when they transfer much money via person to person, bank is the best media to do it. as time go by, bitcoin more popular and your information is secure, so bitcoin can be media to laundring their money. you can said that bank start it, but it can said that bitcoin make it easy

[jonaire99]

Money laundering have been happening long before cryptocurrencies are created. These money involves dollar and other well known currencies in the world and it is yse mostly by drug cartels, terrorists and other criminals. Cryptocurrencies like bitcoin are the latest target of some money launderers because its transactions is said to be anynomous. But the money launderers might also face a problem with its high volatility and rapid price fluctuations.

[Kayum10029]

Before starting bitcoin journey money laundering was a common phenomenon in banking systems.why people Mark money laundering in bitcoin instead of banks.

[katerinaliisa]

In General, scammers have always existed in all spheres of human life. In addition, it has long been known that bankers launder money and practically make money out of thin air. We can also assume which way this happens. Do not worry about the bad opinion of some people about bitcoin, because this is quite an expected phenomenon. People are afraid of what they do not know, so it is easier for them to find a reason not to communicate with the cryptocurrency than to study the market and move along with progress.

[South Park]

Whatever is used as means of 'money', it's used to launder money. Bitcoin is new and misunderstood, so people like to take hit on it.

That is a myth, bitcoin is not misunderstood those that are very powerful know very well what it means that bitcoin becomes powerful, they will lose control of the economy and they do not want that, so they are making an effort of spreading lies about this new coin which they know could be tell about fiat as well, but they do not care, because people are naive enough to believe them.

[Tetutu]

yes it is true, before bitcoin there have been many crimes that have arisen. Bad people are to blame because the evil ones will always find a way to do the action. Even though the rules are made, security is doubled if bad people will find ways to do evil.

Banks from the past until now are still a favorite place for criminals to save their money, because the bank closed the eyes of where the money came from. The bank always calculates with profit. While bitcoin emerged 10 years ago, where users were still small compared to bank users, so many money laundering players kept their money in the bank.