cash is just serial numbers that not everyone keeps track of yet.
### Japanese Police Hunt Down Criminals by Tracing Monero
https://cointelegraph.com/news/monero-transactions-japanese-authorities-arrest-18-scammers
The crime is the crime. There is no such thing as money leading.
Encryption is not as secure as people think.
- Cash is not traceable.
- Cash doesn't leave a permanent history on a blockchain.
- Cash does not charge a transaction fee.
- Cash does not require high tech electronics and a complex computer network to function
- Cash does not require permission from 3rd party verification
Discussion
Goldbacks have serial numbers? Hmmm
they do actually 😄
That was my point. They do.
Nothing is tracking the serial in a person to person transaction. Put it in a bank's digital currency system and it gets traced. Take it out, no longer traced.
So all they see are exit and entry people points.