Hydraulix9899

The power is within you to change that, you know?

There's this misconception that bitcoin is private / "safe" for criminals. In reality, the block chain is public (and all of its transactions inside... that is how distributed ledger consensus is achieved among miners) and the on-ramps and off-ramps between fiat are all logged / tracked, especially Coinbase (since they are taking the "safe route" and playing by all of the rules with governments / regulators).

Your last-mile exchange from bitcoin back to USD on Coinbase, for example, is logged and monitored by Coinbase -- furthermore, the bank is incentivized to file Suspicious Activity Reports whenever they see these large wire transfers to the virtual banks used by the exchanges for withdrawing and depositing fiat. So, even privacy coins are tracked in this way (these necessary fiat exchanges).

You can basically say the same thing about IRS tracking crypto tax evaders.