I've always wondered why people would use Bitcoin to launder money. I mean, in a "real" investigation on the fact, Bitcoin's blocktree serves as an infalsifiable ledger that can trivially be analysed by a computer. Would make laundering harder, not easier in my opinion.
Yeah, but it is also far far easier to unravel the washing of bitcoins.
Every transaction in BTC is recorded in the public blockchain _forever_. A good enough computer has infinite amounts of time to analyze the transactions of BTCs after the fact.
I dare say it is impossible to properly launder money with BTCs as it is. (ZeroCoins or other protocol extensions notwithstanding)
Yeah, the more I read about bitcoin in the media, the more I've decided people are projecting on the currency what they want it to be about.
The entire point of Bitcoin is anonymity!
The entire point of Bitcoin is to be able to do things that sound suspiciously like laundering money!
The entire point of Bitcoin is to circumvent seizure!
I just wonder what will be next on the list.