This is probably the deepest question I've come across on the internet that many government officials would try to avoid. The thing is that there are not many logical arguments to back their stance on the crime facilitation that comes with crypto. It is more often than not a pile of speculative reasoning with little or no facts applied.

We find ourselves in a system of government where anyone that sits on the throne can manipulate the value that flows within the nation. It's increasingly painful when considering what it costs to earn it in the first place. With this, crypto has served many purposes and one is being a shield to this inhuman in-system operations!

To dive into certain aspects of crypto that makes it a crime evasive tool, we'd look at "transparency"

The Blockchain

The blockchain is one of the most powerful tools when it comes to cryptocurrencies. A lot of debates surrounding crypto has it that it helps facilitate criminal transactions, but this is not theoretically true. People who say this have failed to do their block checks and are most likely not educated enough to understand the power blockchain holds when it comes to investigation. The current system of finance is much more opposed and gives a safe route for these criminal activities.

Transactions on the blockchain are open for all to access, so this level of transparency actually does the opposite of what is being preached!

Decentralisation

Of course, this is an enemy to the current system of finance, because how else can the system rip the people involved if it can't control their wealth? The funny thing here is that blockchain technology, coupled with crypto, gives the world an open book of finance, but it is self managed, giving away the one true power of the government, which is controlling money.

It does this in many ways, one is by making money independent! This means that the value of these currencies are not determined by a small circle of people, rather, it is market driven, opposed to the natural effects of supply and demand. It is an interesting theory because an individually traded currency is much more volatile, yes, but also much more valuable!

The second way crypto helps decentralised finance is through individually managed accounts with quite the investments and savings tool. With every address having its own set of keys, this keeps the finances of everyone out of the risk of centralized attacks. And that's not all, what's more better than a self managed investment and savings opportunity? This is what comes with Defi, to just crown it all, it's safe to say that crypto helps citizens flee from the system of corruption, into a realm of abundance...