The World's Biggest Illicit Industries

yet dead drops and face to face deals can be busted by police
you can't hide cash with a simple password

> Do all 10 lbs
> Become Elon Musk

>liquidity is the issue

Is it really? if all of these scumbags adopt crypto they will provide all the liquidity needed

because cash is more anonymous than coins. Why the fuck would I wan't to buy bitcoin, then mix the coins and use different addresses, when I can just use cash? Even you if say monero has a benefit over it, it doesn't because you still have to use your ISP and other shit, cash doesn't. For laundering, you'd either get scammed in the deep web, or go through KYC on the clear web. I'm sure they clear part of their shit through bitcoin but cash is just better

How do you figure out numbers in industries that kill people for snitching?

Because theyre too stupid to launder it. Do you honestly think the average nigger/spic selling cocaine knows anything about money laundering, crypto, etc...

Its actually really easy to do. Once you get monero for your cocaine sent to your wallet, you go a private swap of monero for BTC off exchange. There are plently of communities for this. After swapping to BTC, find people IRL and swap $500-3K of BTC for USD at a time. Report some BTC on your taxes as profit from supposedly selling your early mined coins. If federal agents get involved, your taxes will show a small portion of your BTC cashing out as legit profits.

Unless the same group of federal agents is involved in most of your transactions, they wont be able to track any illegal activity.

Same way you do crypto TA. First, you disembowel a chicken...

Good point.

I also find it sort of perplexing how these niggers (i am including brownies under this label since they have similar iqs) will go so far as set up strip clubs, pawn shops, construction companies, and other paper trail and trust intensive money laundering fronts but won't set up the infrastructure to adopt crypto (which is probably much easier than all of these other nigger methods of laundering money).

>with just 10 more iq points, the black market in 2018 could run 100% more smoothly and sophisticated

Really makes you think

They do all that with the help of Jew lawyers, accountants, etc. Maybe the Jew really does fear the crypto samurai.

So then why not just help them? Would be a good business. Black Market Consultant ; jetting around, having some coke and hookers ; just like a RL consultant

True.

If it were that easy then organized crime in Asia/East Europe would be using memecoins. Except they don't.

So basically ; first of all we need some niggers. They only trust niggers ; or if we want to go to the bosses ; maybe some latinos or colombianos ; who here is a nigger, latino or colombiano? Good money for you + fringe benefits as much as you can grab (coke, hookers and tiny little wieners as you can carry)

You have to realize most of crime heads are well estabilished boomers

What are secondary sources?

Money can be difficult to transport over borders to other countries and it takes time. It can also be stolen in the process. Crypto eliminates this problem.

hahaha where did they get those numbers i fuckin wish, drugs is probably on the low side but everything else is high, ie cigarettes : a BLACK MARKET pack of cigarettes is 4 dollars or so , less than 1 in 6 people smoke these days so that makes 50 million smokers in the us so they would each be consuming 800 dollars worth of illicit tobacco on average, which is maybe 200 packs or so...which is probably about the entire fucking cigarette market, at least 50% and theres no way illicit cigarettes have 50% market share i just dont see it. anyways they already made a vitually untraceable instantaneous peer to peer currency, its called cash and you can spend it anywhere. req is weird and creepy, to stacies and criminals alike

I see your point
But
Organized crime and government are just synonyms, friend. Cocaine smugglers will not bother with shitcoin. They need cash isd. Truckloads.
However
Massive potential for peer to peer, artisanal.drug trade. Grew 30 plants at home? Sell for btc

you are mixing up price of lb and ki

Govs control chokepoints crypto-fiat. Those chokepoints can only be bypassed by.decentralized exchanges that do abonymous crypro-fiat, or massive money laundry operations.

>what is opsec

Attached: 1533928920591.jpg (1838x2048, 157K)

I think this point covers everything. All the fiat gateways are government regulated.

Be kingpin and have 1mill in cash
Buy a fancy car
Get busted because your gov goes "hoe u afford this"
Im assuming that your government is not a corrupt entity and/or that you are an adversary to your gov

Thinking too small scale
Imagine you need to launder 10s of millions
Drug cartels operate legit restaurants, bars, clubs, clothing stores for.the purpose of laundering cash so they can put actual assets to their name.
It takes time and costs a lot of money because youre financing businesses that are not profitable.
That being said, the adoption of crypto coins with a privacy focus/greater liquidity will not facilitate drug trade because major babks are fully compliant in cartel money laundry operations. Its just that cartels operate in such a fluid state that only the biggest have the advantage to have HSBC launder their money.

This can and will be solved as adoption increases and volatility decreases. There's less of a need to convert your crypto to fiat as more retailers accept crypto for payment, especially if conversion rates remain relatively stable

Except peer to peer, bitcoin to cash
If you really care for this, sell bitcoin on localbitcoins

what doll is that?
how much

The problem with localbitcoins is that you have to use an account on their site to use their service, which makes you not hard to track down unless you have ridiculous opsec, and even guys with good opsec get caught when they slip up one time.

Yes.
Also, the biggest illicit market isnt mentioned: the black market for labor. Pay your mexican gardener in cash, surr, everybody does. But pay for chinese solar panels in cash? Hmm.
If i wanted to upgrade my house with some expensive gear id ask the person/friend to accept bitcoin. If i were a person selling bulk, id probably accept bitcoin. Where I'm from VAT is 21% and if I can avoid that using cash, ill do it. The government is the biggest middleman there ever was.

You need to start buying bitcoin off your friends for cash, man. Get some crypto that isnt tied to your name.

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I've been searching for 10 minutes and can't find the sauce

It's a fucking doll, faggots

>Gook whore
>Estimate: $5