What do you say to the argument that cryptocurrencies help money launderers and tax dodgers?

A tool is just a tool.The way it is used, intentionally or unintentionally, is what gives it moral and ethical meaning. Cryptocurrencies can be used for nefarious purposes, but hundred-dollar bills are also misused by criminals and others with malicious intent. Overall, the hope is that we will eventually create a balanced and well-defined regulatory framework to reduce unscrupulous activities without stifling responsible innovation. We have yet to see whether blockchain will live up to its potential or if it will degenerate into a system where the benefits will disproportionally favor only certain groups.R.A. Farrokhnia (Jonathan Sury)