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This used to be the case, but not anymore. As mentioned in one of the parent comments, there are now cryptocurrencies that provide anonymity as well, check Mone

by amjd 10y ago

This used to be the case, but not anymore. As mentioned in one of the parent comments, there are now cryptocurrencies that provide anonymity as well, check Monero [1] and Zcash [2]. [1] https://getmonero.org/home https://getmonero.org/home [2] https://z.cash/ https://z.cash/

tw04 10y ago
And you can bet if they gain any traction, they will be dealt with swiftly by the US government under the guise of "war on drugs". This has been repeated so many times now that it makes my head hurt to think anyone actually believes you're going to have anonymity in banking/money exchanges.
- EthanHeilman 10y ago
  Do you think we are in the final days of cash? Will we return to the pure debt based economies of the ancient world and never change course? The US government's relationship with the global banking network is the result of very particular conditions following the end of the second world war and the end of the cold war. As these conditions shift over the next 10-20 years I'm not sure we can predict that these anti-privacy priorities will be maintained.