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RE: Bitcoin Trend Series / EP. 553 / Crypto isn't in a Bubble / Steem Bounty Reward
Bitcoin transactions are pretty much untracable, and even if they are – the criminals are moving towards superior coins (e.g. Monero), in that (sure they say a transaction took place) they don't say who actually did the transacting.
And I guess there in lies one of the challenges of the regulations mentioned in the OP. I guess it’s the same as any kind of data protection or personal freedom argument. What, if anything, are you as an individual willing to give up for the supposed good of society?