It is utterly trivial to launder cash to avoid this kind of tracking. Pay for a ... | Hacker News

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

dublinben on March 16, 2016 | parent | context | favorite | on: After Cash: All Fun and Games Until Somebody Loses...

It is utterly trivial to launder cash to avoid this kind of tracking. Pay for a $1 pack of gum with a $20, and now you have $19 in clean cash. Rinse and repeat as necessary.

pjc50 on March 16, 2016 [–]

Trivial for small amounts, not trivial for large amounts. In China it's all about the "ants moving house" of capital flight.

Consider applying for YC's Fall 2026 batch! Applications are open till July 27.
Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact