All that stuff is secret sauce. ;-)Edit: But to be more helpful, the answer is that there is bitcoin laundering, and then there is RL laundering. It's an entire field of expertise. There isn't really a ten step program that captures it all. Some generic titbits of interest:Ignoring legalities, the only real limit on how much money you can make is the size of the entire bitcoin economy, to be exact the no. of people willing to exchange regular currencies for bitcoins. As I said before, the Silk Road has a perfect relationship between supply and demand. All buyers want bitcoins and all sellers want regular currencies, it is matched exactly. For the SR vendor exchanges serve as a conduit of convenience and liquidity, but that's far more important for buyers than sellers.One of the beautiful facets of Bitcoin, is that you can potentially make it so that it's impossible to seize as proceeds from crime, that might sound strange at first, because most people imagine if LE had your private key then they'd have your money, but again that's an entire topic in of itself.The strength of the Bitcoin's anonymity lies exclusively in the fact there is no identity associated with them, unless you go and put your name on them by doing something foolish like paying with a credit card and sending the bitcoins directly to your SR wallet and SR gets compromised. Any breakage in the identity chain, means there is no longer a direct chain of evidence, only probabilities. These probabilities get increasing worse the more transactions that occur with that bitcoin if you cannot be shown to have control over those transactions. That is the rationale behind mixes. If you then pop that bitcoin back to an old address, you spent that time and money for nothing. Converting bitcoin to real currency without raising red flags is easy. Turning bitcoin into cash is also relatively easy. There might be caveats, but conceptually this will always be easy to do. Getting the real currency back into the bank... Now that's more of a challenge. There's an infinite number of ways to do it and it is entirely outside of this economy's domain. Simply use a search engine for money laundering. I recommend using regressive planning.P.S. This is where the smart vendor is most likely to get caught, hence the secret sauce.