Post
Topic
Board Bitcoin Technical Support
Re: Wallet audit
by
Z-tight
on 08/04/2024, 21:01:07 UTC
Overall, all of these problems arise because Bitcoin, unlike Monero, is a non-fungible coin. 
Each Bitcoin has its own transaction history.  The Bitcoin blockchain is transparent.
BTC is fungible and there is no problem with the BTC network in itself, the problem is with the government and centralized institutions attacking BTC's fungibility with things like 'blacklisted addresses and coins'. BTC blockchain is transparent and the network is pseudonymous, but users can get a good level of anonymity with privacy tools like mixers and CoinJoin, and if they also use p2p services and avoid reusing addresses.