Quote from: BlackFor3st on January 02, 2020, 08:41:00 AM

Quote from: Yourhomeboy on December 05, 2019, 04:37:20 PM

Bitcoin as a currency that is decentralized, they is no Headquarters for Bitcoin and it has no Central office where they distribute information concerning Bitcoin, Like illicit transactions that money was lost but recovered after some investigations through the distributed information.

like someone said on my previous thread that more people will be comfortable using bitcoin if these features comes into place.

Share your thoughts.

There is always a ways, like in fiat almost all the transactions are traceable but the hackers still find a ways on how they can outdo the traceable transactions.

Therefore there is no 100% guarantee that there will be no hackers in crypto once the transactions will become traceable. What I can say is that, it can lower the hacking rate but it will not eliminate the hackers.

Because of the generation or era now which is technology is getting bigger and getting more advanced also the hackers have more power over the cyber world and yes even a decentralized and secured bitcoin cant be safe to hackers but also hackers cant fully grasp the bitcoin or fully penetrate it and in fact internet world or cyber world is not a safe place at first place. So if bitcoin will become tracesble the hackers will have more power and victims will become higher and also governments will overtake the bitcoin which is why we trust bitcoin because it is not traceable and don't have tax, but if this case happens then maybe, lots will lose trust and interest in bitcoin.