Has the lack of crypto ever stopped this from happening? Look up cases of gold bars being found in senators houses, those are actually MUCH less tracable.
Shitcoins and Shitstocks(some SPACs) do allow of a legal way to "give" others money through the transfer of value in a way that is technically legal. This again is not crypto specific though.
So the best part about being bribed with crypto is if one flees to another country to escape the law, one still has the aforementioned bribes. That plus some measure of anonymity.
> Has the lack of crypto ever stopped this from happening?
Undeniably yes, given the number of fraud and money laundering convictions achieved over the years.
> cases of gold bars [...] are actually MUCH less tracable.
Laughably false, given the difficulty of liquidating such things without detection. If you have to store your ill-gotten gains in your own home you've lost the opsec battle already.
I think you're just saying gold bars aren't digital information so don't a priori show up in a query somewhere. But the question that actually needs to be asked is "Did Menendez get caught with gold bars in his home?"
Yeah, he did. Ergo, they aren't very "untraceable" in practice.
Has the lack of crypto ever stopped this from happening? Look up cases of gold bars being found in senators houses, those are actually MUCH less tracable.
Shitcoins and Shitstocks(some SPACs) do allow of a legal way to "give" others money through the transfer of value in a way that is technically legal. This again is not crypto specific though.
So the best part about being bribed with crypto is if one flees to another country to escape the law, one still has the aforementioned bribes. That plus some measure of anonymity.
Anonymity is the one thing cryptocurrency does not do well. It's much harder to sieze but much easier to trace.
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Has the scale of bribery ever been as large and as broad before crypto?
> Has the lack of crypto ever stopped this from happening?
Undeniably yes, given the number of fraud and money laundering convictions achieved over the years.
> cases of gold bars [...] are actually MUCH less tracable.
Laughably false, given the difficulty of liquidating such things without detection. If you have to store your ill-gotten gains in your own home you've lost the opsec battle already.
I think you're just saying gold bars aren't digital information so don't a priori show up in a query somewhere. But the question that actually needs to be asked is "Did Menendez get caught with gold bars in his home?"
Yeah, he did. Ergo, they aren't very "untraceable" in practice.
There are a dozen better ways than Crypto to bribe politicians.
A Boeing. Straight cash. Naming anirports or other public spaces. The aforementioned shitcoin. What are the others?
Vanity movie productions for family members. Real estate deals in various places, if necessary you first bulldoze them with the local military.
There's a new one - let the president sue you and then settle for tens/hundreds of millions without a fight.
Boeing has an enormous number of subcontractors. If boeing gets orders they'll make sure the subcontractors are in your district.
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Teen girls.
donations to an inauguration fund.
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A rival UN with $1B entry fee.
I think they prefer trafficked underage women, which is all fun and games for the suppliers until they get suicided at the MCC.
For me it was buying a computer from newegg but I confess I'm not playing in the same league.
What was the benefit to you over using USD? (actually wondering)
1. Get rid of the few mBTC I had left after I realized how bad I'm at crypto trading
2. Fully live the concept of buying something physical from a virtual money I got by mining some now defunct coins.
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