Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: pragna on December 01, 2018, 08:07:02 AM
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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/
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I sincerely believe that no actual money laundering have happened using bitcoin. maybe some small amounts by some unaware people but nothing real and major. not because bitcoin is not anonymous and traceable. and not because of its volatility, and not because of the public blockchain..... but only because there are a lot of ways that are more convenient and easy and cost a lot less than using bitcoin.
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Exactly, far before bitcoin was created there are alredy people money laundering using fiat, but media and some party try to create unnecessary fud news to focus on the negative side of bitcoin, it makes seems like bitcoin is criminal coin that was created for criminal usage, bitcoin or fiat is just the medium, people not supposed to judge bitcoin or fiat as the criminal things
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No matter how hard we pin down the banks on this one, still they will insist that bitcoin is the evil and they are the angels sent from above to alleviate criminality and protect the people's financial interest and such. They are trying to instill in people's minds that bitcoin is an instrument created solely for money laundering and will not do any good without looking at their own faults. How many times have big banks been raided and been charged for being a platform for money laundering and such?
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Anyone can invest in Bitcoin, without exception politicians. not a few politicians are involved in investing in Bitcoin, the reason they invest here is to avoid their government's spotlight. They realize that investing here is safe, so anyone who is here privacy is very awake.
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Yes, Money Laundering started with Banks and now are still occurring from this banking sectors. Almost 90%+ money laundering occurrence happened from banks not using Bitcoin. Most of the govt. think Bitcoin leads to money laundering but their assumptions aren't correct. So, Bitcoin is the pioneer of financial transactions from a technology named blockchain, it is helpful for all but not leads to criminal activities.
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Bitcoin was just created in 2009 .
Banks have been in existence for God knows how long, so I don't understand anyone who is of the opinion that money laundering originated from Bitcoin.
This is not true or the person branding this statement is on a mission to mislead others.
It is well know fact that money laundering started with banks and bitcoin is just taking it to another level.