RE: The Fifths ANTI-MONEY LAUNDERING Directive (AMLD5) - how will it affect us all?

AML seems like a good thing to checkmate the theft and concealment of money through blockchains. But then, just like every other government policy, it is usually meant for the poor masses and people of lower level in the society. I do not actually believe that these laws are implemented at the scale it was meant for - the real top people who steal money. For now, I can only imagine some of the limitations it the new AML will place on Steem and SMT, but I will prefer not to have such laws because in the real sense of money laundering, not so much of it is happening through this system - or blockchain as a hole. The real guys that do money laundering still use old, traditional methods which has proved successful to them.