> Wait until you hear about cash. Cash sucks for illicit transactions, because l... | Hacker News

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vkou on April 12, 2021 | parent | context | favorite | on: CEO of a top Bitcoin exchange warns: crackdown on ...

> Wait until you hear about cash.

Cash sucks for illicit transactions, because laundering it is a pain in the ass.

A crypto ecosystem without strong KYC is much easier to use for illicit transactions. A crypto ecosystem with strong KYC... Probably isn't.

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