3 ms·

They are pseudo-anonymous at best.

• rco8786 4y ago
  On an individual basis maybe, but on a macro statistical scale there is no way you can classify transactions as illicit or not with any remote degree of accuracy.
  • JohnFen 4y ago
    Oh, what a good point. There are different kinds of anonymity, I think. There's anonymity of the identity of people, and anonymity of the nature of the transaction. Most cryptocurrency is bad at the former and good at the latter.
    • rco8786 4y ago
      Like heck, tradfi banks can't even do this and they have oodles of regulations and KYC laws and fraud/money laundering prevention mechanisms.
  • dopidopHN 4y ago
    What about “normal” financial illegal trades? Like wash trade and layered trade ? Those are detectable by analyzing the order book of exchanges for instance. No identity is needed