bitcoin and money laundering

[Wafel16]

Btc could be used as a good method the launder money in and around the world without anyone's notice,being a no centralized online currency no body is there to question how much of money you move through and over this system

[waterpile]

Btc could be used as a good method the launder money in and around the world without anyone's notice,being a no centralized online currency no body is there to question how much of money you move through and over this system

yes, that's the reason why the Government wants to ban BTC

[botany]

Btc could be used as a good method the launder money in and around the world without anyone's notice,being a no centralized online currency no body is there to question how much of money you move through and over this system

yes, that's the reason why the Government wants to ban BTC

Laundering and tax evasion are reasons, but the primary reason is control over the economy.

[DhaniBoy]

I think not only bitcoin can be used for money laundering, almost all of currency of this world can be used for money laundering, it's depend on the person who used the currency, hopefully bitcoin and all of the currency in the can be used not for illegally like money laundering ...

[mustang77]

Money laundering is going to keep happening no matter what currency is being used 

[Jihaqy]

Can you give some proofs to prove it?

[Seketsuna]

Can you give some proofs to prove it?

proof? didn't you heard about silk road and silk road 2 that blackmarket used bitcoins in their transactions, most of those transactions are drugs and illegal things.

[cutesakura]

because bitcoin is included in the financial transactions it is possible bitcoin can be made illegal transactions such as money laundering practices, plus more on bitcoin wallet there is no clear identity, in addition to the admin who hold it, so that when used as a wash bitcoin wallet money, it will be very difficult to track the process and who did it ... 

[pattu1]

Btc could be used as a good method the launder money in and around the world without anyone's notice,being a no centralized online currency no body is there to question how much of money you move through and over this system

The blockchain is a permanent, unquestionable record. If you are not really careful, you may end up disclosing your identity. 

[BootstrapCoinDev]

The public blockchain require laundering. Businesses also have to hide their transactions/sales/customers/supply and so on to competitors.
The thing is the P2P solution is pure laundering. Too perfect to be legal. I think banks will launder your money, you put in a big jar and they give you back what you need. The authorities will connect the dots with the internal database of the bank.

[BitmoreCoin]

BTC has a long way to go to become a most laundered money. USD is the most laundered money, however, it is still legal tender.

[BRE]

For some Politician in other country who have weak law , bitcoin is another option to hide their money.
They can keep it in cold wallet and they can ask bribe with bitcoin not cash money.

[specgamer]

wow, this is deep bro. I never thought about this but, good to know