> But you can't just hand wave concerns regarding money laundering and other criminality away. If you want to, you should just say "these things don't matter that much", but don't just avoid them entirely.

Actually you can. The war on "money laundering" is a total failure. Those laws costs billions of dollars in compliance, stifle competition, harm innocent people by excluding them from the financial system (estimated 1.7 billion worldwide) and don't actually stop criminals. There's a serious case to be made for putting an end to that war and diverting those resources to old school crime fighting.

https://www.cato.org/blog/money-laundering-laws-ineffective-...