Laundering always seems like the strangest way to describe a crime. I mean I get it, but connotation wise it just doesn't sound that bad at all.

"Yeah, the money was dirty so we cleaned it up a bit. It's freshly laundered now." It sounds like you did your chores!

The titles and the slogans mean nothing in law: Copyright piracy means uncontrolled use of state-protected intellectual works. Health Care means corporate welfare for the drug and insurance industry. Financial Reform means welfare for the banking industry. Aid to Education means welfare for union voting blocs. The War On® means raw governmental control over whatever it chooses...

And money laundering means an uncontrolled economy, which really bothers most social engineers.

But the law doesn't look at this intentional misdirection. It looks at how these terms are defined in the written laws themselves, and black can indeed be defined as white. Go to the U.S. Codes, or the C.F.R.s and do some Googling on the terms money, cash, and currency. Do you really want Bitcoin to be associated with any of this guano?

Let the dealers take the heat. They are the ones that claim Bitcoin is worth X PayPals. We should be totally out of the exchanges, and above any exposure the the Great War On®.

I'm going to be away for a few weeks. Somebody else is going to have to carry the ball.

Just started reading, looks very good.

@fresno

I'm touched    (totally, absolutely no sarcasm!)

Anyway, I agree that it could use a good edit.  And it's authentic, IMHO -- no BS.

On a lighter note, I recommend (and probably have already) "Little Brother" by Cory Doctorow (free download by author), "For the Win" by Cory Doctorow (free HTML online), and "Halting State" by Charles Stross.

Presumably, money laundering would be defined here as "transactions that nation-states don't like".  In practice this means transactions associated with individuals that a powerful nation-state has designated as criminals -- terrorists and drug lords being the current target that the US and other nations put effort into tracking and catching.