It doesn’t void the whole process. It may very slightly increase the degree to which it’s easier to launder money (I’m not convinced on that aspect since the money already originated from within the banking system).
Rather it prioritizes people’s right to their own property.
What you’re saying makes sense to me if you’re talking about a deposit of cash that was mailed. It doesn’t make sense to me for a wire or electronic transfer.
It is a paradox because there’s no objective, universal definition of tolerance. It’s literally impossible to be tolerant of everything. So you’re left with different forms of what intolerance people deem acceptable.
People make the same mistake about bigotry. It’s impossible not to be a bigot. You just don’t want to be the wrong kind of bigot. Now if only we could all agree on exactly what that was.