I've always been curious, what's the deal with Monero? Years ago I understood that it's private so you can't trace transactions right? Isn't that a good thing? Is there a centralization issue or some reliance on a "third party" to make it happen? If somehow bitcoin could be exactly the way it is, but the transactions are untraceable, would that not be better than a public ledger for everyone to see? Or is the privacy issue solved with layers built on the bitcoin network anyway so monero is just another shitcoin? Being bitcoin only I don't really get why "altcoins" are so attractive to people? Most of them are worse than using a centralized server anyway so why even make them?