Suppose someone extorts money in Russia or in Italy. He got 100 million blood money. Now he wants to transfer to UK/Switzerland/ USA. He buys bitcoin in Russia and send it to your associate in Los Angeles. No question asked. No need to go through banks. Switzerland will be the biggest beneficiary of this.
If you are in China and want to move money to USA. Use bitcoin. Of course you can not convert Yuan to USD. It's not allowed
If you are in Europe and avoid paying wealth tax , this tax and that. Use bitcoin to transfer that to USA , UK and Switz.
Perfect for money laundering. US , Switzerland and UK are the beneficiaries of this. Bitcoin will be the transfer medium. Then once the money is in London, it will get sucked into housing. Once the money in switzerland, it will vanish into swiss banks. Once the money is in USA, it will go into housing, and various luxury item.
Totally understandable why UK, US and Switzerland won't ban it BUT rest of the world is screwed by this. Non stop out flow from crap countries that have crap politics, crime etc
Wave Rider: Bitcoin does not give you anonymity or privacy. If you are trying to avoid taxes, get ransom money payoffs or money laundering and you intend to use bitcoin for these kinda things then you are making life very easy for enforcement agencies and a hard wallet is not going to protect you either. I do not recommend operating outside of the law and all good citizen pay their taxes but if you are looking for a crypto that provides privacy and anonymity then you should be looking at Monero. Dont take my word for it though.... look into it for yourself and see what you will learn.
Heck, I was on the watchlist BEFORE the $600 dollar transaction threshold so I'm used to it. Hehehehehehehehee! 😃
But to answer your question...yes, you definitely have a point. EVERYONE at some point HAS to make $600 plus transactions for one reason or another. WELCOME TO HELL! 💥 👹 👿 👺 😬 😵 😾 🔥 🔥 🔥 💉 🦠 🧬
YES!!$$
Suppose someone extorts money in Russia or in Italy. He got 100 million blood money. Now he wants to transfer to UK/Switzerland/ USA. He buys bitcoin in Russia and send it to your associate in Los Angeles. No question asked. No need to go through banks. Switzerland will be the biggest beneficiary of this.
If you are in China and want to move money to USA. Use bitcoin. Of course you can not convert Yuan to USD. It's not allowed
If you are in Europe and avoid paying wealth tax , this tax and that. Use bitcoin to transfer that to USA , UK and Switz.
Perfect for money laundering. US , Switzerland and UK are the beneficiaries of this. Bitcoin will be the transfer medium. Then once the money is in London, it will get sucked into housing. Once the money in switzerland, it will vanish into swiss banks. Once the money is in USA, it will go into housing, and various luxury item.
Totally understandable why UK, US and Switzerland won't ban it BUT rest of the world is screwed by this. Non stop out flow from crap countries that have crap politics, crime etc
Non stop outflow from crap Fiat currencies.
Just the beginning :)
Do you mean the beginning of the end of the cycle?
Your Da Man! 🕺🕺🕺
Wave Rider: Bitcoin does not give you anonymity or privacy. If you are trying to avoid taxes, get ransom money payoffs or money laundering and you intend to use bitcoin for these kinda things then you are making life very easy for enforcement agencies and a hard wallet is not going to protect you either. I do not recommend operating outside of the law and all good citizen pay their taxes but if you are looking for a crypto that provides privacy and anonymity then you should be looking at Monero. Dont take my word for it though.... look into it for yourself and see what you will learn.
Avoiding taxes? Ransom money payoffs? Money laundering? You and WaveRider have now been reported to the FBI for planning criminal acts.
LMFAO!!!
Man I'm over here laughing so hard my stomach is hurting! Hahahahahahaaa! 🤣 🤣
check this site out. Pretty cool https://southfront.org/
Sure, in the morning. Must go to sleep now.
well since transaction over 600 dollars a tracked now, arnt we all on a watch list? LOL
Heck, I was on the watchlist BEFORE the $600 dollar transaction threshold so I'm used to it. Hehehehehehehehee! 😃
But to answer your question...yes, you definitely have a point. EVERYONE at some point HAS to make $600 plus transactions for one reason or another. WELCOME TO HELL! 💥 👹 👿 👺 😬 😵 😾 🔥 🔥 🔥 💉 🦠 🧬
Eeeeeeeeeeeeeeeeheheheheheheheheheeeeee! 😃 🤣 😂 🤣
🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀