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by bcheung
1765 days ago
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Crypto payments hasn't taken off yet. It's beyond the scope of most people's ability to pay in crypto. To reach the masses you probably have to go with "know your customer" (KYC) requirements that are going to scare lots of people away when they have to upload photos of their passport and stuff like that to a website. And governments and banks are going to impose the same restrictions somehow. Unless they use a coin that is private, all transactions are going to be recorded in the blockchain and publicly viewable to everyone. Nobody wants their porn purchases to be public knowledge. It will probably eventually get there but probably at least 5 years out. |
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I'm curious about that, I agree that you can trace transactions of a wallet, but can you figure out who a wallet belongs to?