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vslira | 7 months ago

> Yet, elites who come from countries where their assets are likely to be seized due either to a lack of civil rights or a government with effective regulations tend to use a “concealment strategy” to remain anonymous.

Not to be a defender of criminal money laundering, but this is an important caveat. When all money is traceable, digital and controlled, good luck funding anything against the government in an authoritarian setting.

Unfortunately that's a catch-22

I'm well aware of the impact of corruption and organized crime and how it affects billions worldwide, I've read more than one book on the subject. but it's analogous to the issue with cryptography, privacy and protecting people, especially minors, on the internet for example

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