Nice post :)
I am proud of you, keep on working. 
It is not my intention to beg, but if you please please upvote my post as well. There is nothing wrong if we support each other. I know if you are a kind and helpful person :) @jrcornel

https://steemit.com/life/@aaabangganteng/according-to-science-6-ways-can-make-you-like-many-people-without-having-to-rely-on-looks-f137b0a70c59b

Awesome news.

yaah i agree!probbally 1 percent of bitcoin is use for money laundering!  governament should take action to stop money loundering!

That why some countries refused to embrace bitcoin they knew it does not give room to money laundry, thank you for this interesting content.

I think darknet marketplaces such as Silk Road and AlphaBay are generally the source of almost all of the illicit Bitcoins laundered through conversion services.

Wow, good information, amazing.

Excuse me..... what percentage involves money laundering in Fiat money? Dollars, to be precise?

"Know Your Customer" this is the only solution.If they recognize the person who deals with the transaction, they prevent money laundering.because they know who will try to raise money. @jrcornel

$$$$$$

I have no doubt that cryptocurrencies are used by some to launder money, but realistically you have to think about the logistics here. Bitcoin fees have gotten out of hand, transaction times are slow (taking hours sometimes) and it has been proven that Bitcoin's lack of anonymity in particular means that government agencies can trace coins (to an extent) and potentially unmask users.

People also launder real fiat currency, so it's not a problem that is just happening in cryptocurrency. Any form of currency can and probably will be laundered, but it's such a small percentage it shouldn't even be a valid argument.

Governments and financial institutions are scared and the only arguments they have in their fight against cryptocurrencies is; terrorism, tax evasion, buying drugs, laundering money and other weak arguments.

For as long as exchanges remain a centralised point of onboarding people into cryptocurrency and you need to transfer funds from a bank account, governments will always have avenues to restrict or ban the use of cryptocurrencies.

Ahan great news ..informative ..if it is less then 1% its very good .hope so it ll approaches to zero...no money laundering infuture ☺☺☺☺☺
@jrcornel

There has been a lot of panic lately in Korea mostly as people feared that exchanges would be closed. From what I understood though the aim was to understand who is actually trading there and get grip on possible "black sheeps" which I believe is not bad at all. **KYC is helping Cryptocurrency on a long term since it makes it a "legit" investment to the outside world.**

Congratulations @jrcornel, this post is the fifth most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 47 and the total pending payments to posts in these categories was $5651.34. To see the full list of highest paid posts across all accounts categories, [click here](www.steemit.com/steemit/@bitgeek/payout-stats-report-for-21st-january-2018--part-i). 

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Would you suggest to keep Hodling LTC?

Better rethink wanting to be apart of the 1%.

The regulators aren't concerned about money laundering, except that they get their cut.

If they were, all the big banks would be shut down.  They have already paid fines for money laundering.  And we know they are continuing, because they have been fined again.

So, its not about money laundering, its about making sure the tax cattle cannot escape.  All the little people have to stay and take their hair cut.  (Like Crimea)  While all the big boys, in the club, get to avoid such.

Fortunately, if the govern-cement does ban cryptos, it will only make them more valuable, and more people will use them.  See any of the past prohibitions.

Great post!! I just finished writing a post about the Bitcoin bubble, you might enjoy it. Check it out if you get the opportunity.

https://steemit.com/cryptocurrency/@cool-mike/my-analysis-is-there-a-bitcoin-bubble

Here's $20 for supporting Steemit
Just click the link to Join Monetize Coin

https://monetizecoin.com/?ref=5a566f9c2e4cd

This is one of the things I am afraid of...  Syndicates will use this platform to monetize their greed and wrong doings. Since the value is unexpectedly fluctuating it is easy to monopolize a coin and cash it out for bigger value. 

Thanks for sharing this valuable news. Bless you!

Bitcoin has become an important investment vehicle with the high value it has reached. There are even those who claim that bitcoin will be the currency you will come up with in the middle of the physical money. In spite of all this, many people and institutions think that bitcoin is used in dark jobs and money laundering and are not willing to use bitcoin. The arrest warrant in Greece, in fact, revealed that this thought was not so wrong.
Greek authorities have undoubtedly arrested Alexander Vinnik, a Russian citizen he has been seeking by the US, for money laundering via bitcoin. No details were shared about the issue, as Vinnik claimed to have made about $ 4 billion in money over bitcoin. According to Bitcoin security company Wizsec, Vinnik is not the only incident.
According to Wizsec's report following the arrest report, Vinnik's Mt. There might be a finger in the Gox slob. In the heyday of 2014, the leading bitcoin trading platform Mt. In Gox, the total value was close to half a billion bucks, and about 750,000 bitcoins were almost steam. The only suspect in the incident is Mt. Gox's CEO, Mark Karpeles, was arrested in 2015. Along with the capture of Vinnik, there may also be changes in Karpeles' trial process.

This is an example, but as Bitcoin says. This is not the first time this person is guilty. So without Bitcoin, the money was cleared up. What is changing now is also laundered? The person who wants to make money can do it in a way. Government banning bitcoin will not change anything. Also as you share in our letter. I see only 1% or 99% legal money. All these money laundering transactions are realized with paper money. Therefore, 99% of money transactions are made with paper money. In short, until you attack Bitcoin. They attacked money launderers. 
I'm new to Steemit too, I've just seen you. I hope you see my comment. I fallow you @jrcornel

As crypto grows is normal for it illegal uses to be a smaller %. When commerce start to run in crypto, illegal uses will be almost insignificant.

Nice report on bitcoin

hello friend, great your post, check my blog. I follow you a hug

That's an interesting report, but I find it somewhat hard to believe because Ethereum has been demonstrated to be using up to 65% of total network to mix/launder funds:  https://cointelegraph.com/news/one-huge-ethereum-mixer-controlling-65-of-all-transactions-volume-analysts

The argument about the use of cryptocurrencies in money laundering and other illegal activities is partially true, but is a red herring.  There is also a serious effort on the part of the financial elites in government and academia to ban cash as well, who make the same argument that cash is used for criminal activity.  Bannng cash and cryptocurrencies would be a way for governments to gain more control over their citizens and monitor their every activity.  It would also allow governments to do things like impose negative interest rates to coerce their people into spending if that's what the government wants them to do.  Negative interest rates have been imposed in various countries but have been totally ineffective, in part because people and corporations can hold cash and other assets like gold to avoid losing money via negative interest rates.

These people just can't be trusted specially those big crops and banks.

Very Nice And Great Video Sir Really Appreciate able We Will Wish By Your Effort Steem Will Grow And Rise Thanks For Sharing Sir @jrcornel

Very Nice And Great Video Sir Really Appreciate able We Will Wish By Your Effort Steem Will Grow And Rise Thanks For Sharing Sir @jrcornel

superb post i like it thank you for sharing

Anche con la moneta reale succede.Quindi di cosa parliamo...

That is why many, I am  one of them, view the future  will be to the ecentralized exchanges