Is Salt Coin really a money laundering scheme?

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9y

Consider if you will this Forbes article:

https://www.forbes.com/forbes/welcome/?toURL=https://www.forbes.com/sites/rogeraitken/2017/05/19/disruptive-blockchain-backed-salt-loans-platform-in-launch-to-leverage-bitcoin-assets/&refURL=https://www.google.com/&referrer=https://www.google.com/

Think about how this works:   

* Buy SALT

* Trade for USD loan

* Never really have to pay it back because your assets are the coin itself

* Someone else buys the coins and the cycle repeats

* Pay $0 taxes because its a loan

Is Salt Coin really a money laundering scheme? | Ecency