that anonymity is what cash is for.

Crytpo is a currency of crime and corruption. The biggest problem Pablo Escobar had was moving around thousands of pounds of money, a lot of which he had to bury and was eaten by rats. Cash is hard to launder. Ryan Wedding grew his empire very fast using crypto across borders.

The only advantage of crypto is that it doesn't physically exist, and no one has to report sending or receiving large quantities of it, unlike cash.

$1M in 20s is 40-50kg of weight. Hard to smuggle up your ass.