Isn't public blockchain good for money laundering and ransomware? I don't know of any better methods to collect illicit funds that aren't more problematic than

Isn't public blockchain good for money laundering and ransomware? I don't know of any better methods to collect illicit funds that aren't more problematic than current methods to identify the parties in bitcoin transactions Also, cryptocurrency has seen a surge of use in Venezuela, where the currency is thousands of times less valuable than the paper it's printed on. Credit cards and cryptocurrencies are used wherever people have access to them (which is a very small subset, admittedly). Basically, cryptocurrencies are useful wherever normal currencies are unavailable, unlawful, or in order to subvert their regulatory practices.