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Anything other than a privacy coin isn't anonymous, it's pseudonymous. Carrying out illicit transactions on a public ledger is akin to just sending your transac
by arcticbull 4y ago
Anything other than a privacy coin isn't anonymous, it's pseudonymous. Carrying out illicit transactions on a public ledger is akin to just sending your transaction history to every investigative service on earth: the FBI, NSA, CIA - and abroad of course, the PRC government. They are now, or will in the future, just run it through automated deanonymization tooling.
To borrow an expression from Nicholas Weaver, crimes on public ledgers are just prosecution futures.