I don’t really know anything about crypto, but I’ve heard for many years how criminals use it to ransom things. I’ve always thought the “bitcoin is anonymous like cash” angle never made sense, since the entire point of the blockchain is to record ALL of it, and eventually that paper trail is going to tie it to someone. (It sounds like I’m somewhat correct about that since you mention “wash[ing]” it.)
I’ve never heard of monero. How does that work with the washing and whatnot? It’s a whole world I know nothing about, but find interesting.
Thanks for the great reply! Super interesting stuff. I keep wanting to study up on all this crypto stuff since it seems like it’s not going anywhere at this point. Appreciate the links.