Post
Topic
Board Bitcoin Discussion
Re: Russian tool will make your transactions transparent
by
7788bitcoin
on 18/08/2020, 13:38:02 UTC
They claim this system effectively uses artificial intelligence to reduce anonymity of transactions in blockchains like Bitcoin, Ether, Omni, Dash and Monero.

In essense, the system enables blockchain analysts "to track the movement of digital financial assets and identify crypto service providers to fight illicit activity related to digital assets".
What do you think? Should we be worried?
As long as you are not doing anything illegal there is nothing much to worry unless you are under living in a dictatorship regime that banned cryptocurrency as they can target people with these tools. It is obvious that the government want transparency to make it legal and many companies will build these tools to have a foothold in the market to track every transactions and create business.