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RE: ❓Answering Common Questions: What is Cryptocurrency and Why It's Not Scary ❓

in #steemit7 years ago

The best part of the bitcoin or any other cryptocurrency is that it can be tracked, I meant that it is transparent as compared to paper money.

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Oh definitely. It's amazing what a little forced accountability can do!
So many things only happen because of being behind closed doors. :)

Sadly, if it can be tracked, the government can knock on your door and ask questions. That's why I'm in favor of cryptocurrencies that have privacy and anonymity in mind.

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