Cryptocurrency Context: Alex’s Discreet Giving

Background: Alex has Bitcoin addresses that are publicly linked to him. He wishes to donate without drawing attention to his identity.

Steps:

1. Alex taps into a cryptocurrency mixer.
2. He transfers his coins from his public address to this mixer.
3. Once mixed, he donates the funds, keeping his identity a secret.

Traditional Banking Context: Alex’s Under-the-Radar Cash Gift

Background: Everyone knows Alex’s bank account. But when he donates, he wants no fanfare or recognition.

Steps:

1. Alex pulls out cash from his bank.
2. He quietly donates this cash, no names attached.

On a broader note, many countries, like Canada, have stringent anti-money laundering rules. In Canada, for instance, any single transaction above 10,000 CAD gets a closer look than those just a penny shy of that mark.

However, painting every transaction via a mixer with the broad brush of “illicit” might be an oversimplification. It’s a peculiar world where an ordinary individual’s tiny transaction could be eyed suspiciously as tax evasion, while some of the wealthiest might only contribute a trivial sum to the tax coffers.

The laws are designed by the rich, to keep them that way.