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indysingleguy t1_j1zdsac wrote

Reply to comment by ScorseseTheGoat86 in Crypto and blockchain are not the technology of the future – prove me wrong. by Aquillyne

*and also untraceable.

Hmmm....who would really need to do this? Who could it be?

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ScorseseTheGoat86 t1_j1zeh1m wrote

It’s not untraceable, if anything it’s more traceable than the fiat system. You can literally go look at every single transaction right now that’s ever been done on the blockchain. There’s exceptions like Monero, but most ledgers are available to the public.

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1yellowbanana t1_j1zepo4 wrote

It’s not untraceable. It’s the opposite. Blockchain is 100% transparent. All transactions are public.

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