It is the US Dollar, Not Bitcoin, That Is Mostly Used In Money Laundering!!

It is the US Dollar, Not Bitcoin, That Is Mostly Used In Money Laundering!!

Even though retail bank fanatics and policy makers always blame the anonymity of bitcoin and claim that it is why bitcoin can be used in money laundering, the fact is that Fiat cash is the ultimate form of anonymous currency. Researchers have proven recently that the US $100 bill is the most commonly used currency for laundering the revenue of illicit activities. Professor Edgar Feige believes that the US Dollar is the preferred currency for facilitation of various clandestine transactions, and for saving illicit and untaxed profits. Various reports point to the fact that almost 50% of the....


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