See the correct analysis of money laundering news is that AML/CTF and KYC don't work. They will never work because they try to control the *tool* not the *criminal act*. It's not the money that is illicit, it's the use of that money to commit crimes #bitcoin #cryptocurrency #kyc
In case you weren't aware, banks have regularly closed down and take the depositors money with them. It just happened in countries which most people don't get to read about.
https://www.nytimes.com/2019/11/07/business/china-bank-run.html
https://www.ft.com/content/68a4141e-5f07-11ea-b0ab-339c2307bcd4
Long story short, your savings in the bank is not your own money.
#bitcoin #bitcoincash #bch #crypto #bank #banks #fiat
Bitcoin has gone from 100% dominance to 56.67%, where it is today. The truth is: no matter what "dominance chart" one uses, Bitcoin dominance started at 100% and has been trending down on a lifetime time span. On a macro scale, Bitcoin dominance is reaching lower and lower highs. #BTC #bitcoin #crypto
