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RE: Can steemit be used for money laundering? An what can we do to prevent it?

in #steemit8 years ago

I would say that money laundering is hard at this stage of steem, there is simply not enough liquid money inside to do it properly, also most users are linked with their irl stuff here. Eitherway I don't mind money laundering, you do the same when you use fiat. I am against terrorists, but you look just at the bad side of people laundering money.
Ps: If you want to launder money use bitcoin <3.

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Small issue with the bitcoin laundering is it can be tracked pretty easy sites like shapeshift and the rest are check for outflow addresses. Steemit is what you call a unknowing middle man because you can buy steempower with bitcoin currently. It makes a very viable solution and just because the market isn't high enough now don't mean in the next month or so we won't see an explosion of users an the right conditions to do so.

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