It's a very good time to be a money launderer, and you can thank cryptocurrencies

Here we go, another attempt to demonize a method of exchange because the government cannot control it and the central banks don't own it. Just like the banning of the 500 euro note in Europe, because the people were holding their money in cash rather than placing it with a corrupt bank. How can they control you unless you let them have full access to your finances.

Cash can also be used to fund all sorts of criminal activity, but it is not banned (not yet at least). They would rather that you have a form of exchange that they can monitor, and control. Screw them, a move to digital currencies out of the central banks control would strip them of their power.

CNBC are masters of propaganda designed to shape your thinking. They have stop using violence against people and now to control us they have to hit you with this sort of made up rubbish.

Well said that Hurst. I COULDN'T AGREE MORE.

They already started to demonize cash (it's for criminals, right?!). BS..too much corruption, too much taxes, too much taxpayer's money wasted on useless crap that could be used way more effectively, too little interest in bank, besides when they fail what you get? & when? Etc. just propaganda.. We are living in interesting times!