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RE: The transparency of bitcoin

in #bitcoin5 years ago

They should have used Monero. It's also why I feel privacy coins are ultimately a bad idea.

I'm biased, but I couldn't agree more that if you think about it, this is a strength of bitcoin and not a weakness. They wouldn't have been able to crack it without using blockchain explorers.

Also, cash is still used to buy and sell all the most messed up stuff in the world. The majority of illegal stuff are bought using money. Crypto just makes international and cyber crimes easier because it's decentralized.

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yea. that is also something that is bugging me... I can understand the want for privacy but it does allow for a lot of bad stuff.
But cash is the most anonymous stuff out there indeed

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