The World Is Losing the Money Laundering Fight

Seems a lot like the fight against piracy which mainly makes life more difficult for legitimate users while having a minor impact on those targeted.<p>What&#x27;s interesting is that the most effective tool against piracy has turned out to be making content a service instead of a good. It&#x27;s a bit scary to think what this would mean if applied to all monetary transactions.

When financial transaction privacy is outlawed, only outlaws will have financial transaction privacy.<p>Interestingly, things like cryptocurrency are increasingly used as the crowbar that governments use to pry their way into anything they like, either legitimately, or far too often, not.