I'd imagine it'll look similar to how cash is laundered today. It used to be you'd need some tangible real-estate to look at least vaguely legitimate on the surface. However with more big business moving away from the high street, it's easier than ever to spin up a company, slap together a website.
Would be trivial to accept and process these payments.
Another avenue might be some kind of mutual fund. A building society for the grey market. One where your paper trail would tie you to a fund used for illicit goods, but not directly to your particular flavour of illicit good. That'd require a great deal more work though... And comes with the obvious risks.
Final thought there's always replacing cash. After all cash is just paper we all agree has value. If the underground markets can find a similar good with similarly agreed value that might work. I've heard of phone scammers requesting their mark's buy gift cards/vouchers. Presumably they're monetizing the voucher on their end somehow.
The goal of a cashless society seems to be more in line with the even greater transparent creation of money. These "we can track criminal financiers!" soundbytes sound more like the cursory glance reason you'd give the public.
Largely cashless societies recently seem to have either been deeply entrenched in the financial industry, or rife with wider corruption. Both of those will want to continue in a clandestine manner. The law might not apply to the rich, but you can bet you'll be slapped down for not at least trying to hide it. I can't imagine a system cashless or otherwise that didn't have at least some mechanism to move wealth without fanfare.
Would be trivial to accept and process these payments.
Another avenue might be some kind of mutual fund. A building society for the grey market. One where your paper trail would tie you to a fund used for illicit goods, but not directly to your particular flavour of illicit good. That'd require a great deal more work though... And comes with the obvious risks.
Final thought there's always replacing cash. After all cash is just paper we all agree has value. If the underground markets can find a similar good with similarly agreed value that might work. I've heard of phone scammers requesting their mark's buy gift cards/vouchers. Presumably they're monetizing the voucher on their end somehow.
The goal of a cashless society seems to be more in line with the even greater transparent creation of money. These "we can track criminal financiers!" soundbytes sound more like the cursory glance reason you'd give the public.
Largely cashless societies recently seem to have either been deeply entrenched in the financial industry, or rife with wider corruption. Both of those will want to continue in a clandestine manner. The law might not apply to the rich, but you can bet you'll be slapped down for not at least trying to hide it. I can't imagine a system cashless or otherwise that didn't have at least some mechanism to move wealth without fanfare.