What is Nostr?
Dave /
npub1rcn…dw4h
2024-06-17 11:36:25
in reply to nevent1q…d2zq

Dave on Nostr: "cryptocurrencies are widely used for laundering criminal proceeds and there are ...

"cryptocurrencies are widely used for laundering criminal proceeds and there are concerns that tracing funds will become more complicated if zero-knowledge proofs and layer 2 applications are more widely deployed in the blockchain.”

It’s good that the traditional fiat banking system doesn’t have any laundering issues. Oh wait… https://financialpost.com/fp-finance/banking/td-risks-lost-decade-us-money-laundering-scandal-jefferies (“Chinese crime groups used TD and other banks to hide money from U.S. fentanyl sales, the Wall Street Journal reported on May 2.”)
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