I would think that bitcoin would be a fine tool to use as a pass-through when sending 10s of thousands of $$ offshore. But then, I wouldn’t know about any of that stuff.
Oh, and did any of you guys notice on your tax form (the one that usually is due in April but this year it was deferred to July) one of the last items was a question: “did you buy or sell bitcoin during the year?”?
It isn’t going to be quite the clandestine tool it once was. Just sayin’. O course, I wouldn’t know about any of that kind of stuff.
Bitcoin: $1bn seized from Silk Road account by US government:
https://www.bbc.com/news/technology-54833130
There is a lot more terrorist and drug money being laundered with $100 bills than bitcoin.