Republicans love $ too. So, a fraud scheme, yeah?
That is a truly simplistic way of looking at things. Don't. I am as left as you can possibly be and yet I absolutely hope that bitcoin and blockchain tech would take off.
When I say blockchain tech, I don't mean shiity scam coins, I mean "election data on an immutable public ledger" type of tech...
One can dream.
When was the last time YOU have "laundered money with crypto"?
Why don't you do it and tell us how it goes?
You have to do serious KYC everywhere before you can even think of withdrawing cash (any serious amount). I know, i had to do few of these in past 18 months just to retain access to few largest exchanges. Bitcoin is not anonymous. On the contrary.
And if you think loundering is converting from BTC to XMR and buying drugs with it, well let's just say that crypto has a very, very long way to go before it comes even remotely close to Dollar.