Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Why would you use bitcoin for tax evasion where everyone can see the source of the money? Isn't laundering supposed to hide the origin of funds?


The pseudo-anonymous nature of Bitcoin makes it easier to hide transactions. It’s for example why online games that let you cash money out (or have rampant RMT) have issues with money laundering and credit card fraud.




Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: