Hmm, doesn't this work equally well with a wad of $10 and $20 notes? I mean, yes, notes could be clandestinely marked. But aren't bitcoins also traceable after the first transaction?
Hmm, doesn't this work equally well with a wad of $10 and $20 notes? I mean, yes, notes could be clandestinely marked. But aren't bitcoins also traceable after the first transaction?
yes but harder to move 10M in cash around from country to country.
I'm assuming I'm purchasing/selling a lot of MtG/Funko here in this example.
There’s a large industry for cleaning cash which then makes moving a clean 10M or even 10B in clean cash nearly trivial.
10M might not be as noticeable but crypto being nominally in a country on its own isn’t that useful as you still want to be able to spend it at the end of the day.