xte
· 4d
A certain degree of traceability is necessary to protect the population: the number of people kidnapped and tortured to force them to transfer BTC is significant, and there is no better protection tha...
They wouldn't be targeted in the first place if the public blockchain + KYC didn't give 100% certainty of someone holding funds to criminals.
Once criminals have it and swap to Monero, it's gone, chainalysis won't help. Bitcoins public ledger is a giant liability if extra steps aren't taken to protect the user.