Too Long; Didn't Read
Mainstream media portrays the crypto crowd as a group of money-laundering, drug-buying, crypto-anarchists that have the power to hide every transaction they make online. Headlines like <a href="https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-price-fall-criminals-blockchain-anonymous-cryptocurrency-zcash-monero-dash-a8174716.html" target="_blank">“<strong>BITCOIN PRICE IS SO HIGH BECAUSE CRIMINALS ARE USING IT FOR ILLEGAL TRADES”</strong></a><strong> </strong>only perpetuate this misconception; the most popular cryptocurrency is as “bullet-proof anonymous” as cash. However, <strong>the truth is that a bitcoin transaction can be traced</strong>. Companies like <a href="https://bitcoinist.com/chainalysis-raises-1-6-million-and-a-partnership-with-europol/" target="_blank">Chainalysis are active and raising capital</a> in their effort to help law enforcement agencies around the world detect illegal activity that happens on the blockchain.