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Is your argument HSBC committed a crime so everyone else should be allowed to, too?
by heeen 9y ago
Is your argument HSBC committed a crime so everyone else should be allowed to, too?
- philbarr 9y agoI don't think so, I think the argument was that, if crime is possible it will probably happen. There was no moral judgement about that.
- olegkikin 9y agoNo, my point was, if you're so worried about money laundering, bitcoin should be the least of your worries. One bank laundered more in a few years than ALL of bitcoin is worth multiplied by 15. And I doubt a significant portion of bitcoin is used for money laundering - it's mostly geeks, investors, and other early adopters holding it. Another point was - the government generally doesn't seem to care about massive scale money laundering. I have no other explanation why nobody went to prison, and the fine was only $1.9B on $670B laundered.