2015-08-25 23:25 GMT+02:00 <[1]wirelesswarrior@safe-mail.net>:

     Money Laundering is the thoughtcrime of finance. Anyone mentioning
     it as a crime is probably a law enforcement apologist.

   The problem is that it's effective. Can't launder the money, can't use
   the money, don't have any use for the money. A lot of people (maybe?
   Wonder how many) people get caught years down the line because their
   expenses don't line up with their incomes.
   The counterargument is that laundering is not that hard. Tricks like
   buying tons of lottery tickets with black money, but claiming only the
   massive value ticket. One could start an online software business, and
   create fake downloads/purchases for his/her software (pay tax, laundry
   complete). If it weren't possible, that would be a serious issue of
   privacy. We have at least one example of how the expression of your
   political believes is limited by observation: the anti-gay-marriage
   Mozilla CEO, who could not donate anonymously enough. Therefore he
   could not privately express his opinion through money/donation to
   lobby-group (a form of speech the US courts agreed exists).
   Money Laundering itself is of no harmful consequence. It's good for the
   economy, as it makes money available for investment (good according to
   inflation fans). It does always follow something labelled illegal.
   Making it illegal (supposedly strongly) supports prevention of illegal
   things.
   Should it be illegal?
   I think it's good for humanity if it were legal. It's too easy to avoid
   law enforcement (these laws are not enforceable). It's a nearly
   complete loss of privacy if it is enforceable.
   I'm not so opposed to having Money Laundering be illegal. I just think
   there should be absolutely no legal powers granted to police
   specifically to deal with Money Laundering. Anti Money Laundering
   torments our financial system and just isn't worth it. (NB: might be
   motivated by the TLA's to mass track everything and everyone for no
   good reason) (NB: Cryptocurrencies make black money much more useful,
   as it is the first time digital and untracked meets practical)

References

   1. mailto:wirelesswarrior@safe-mail.net