Your wife in a trunk of a car is a flaw to this transparency.
The system slows the process down, but if you are forced to transfer your money to another, anonymous system, you will, and everyone will simply see your operation, not one of the criminal.
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Okay, you guys clearly just don't understand it. Good day.
I don't understand what? In what way does the blockchain protect me and my close ones from being threatened by someone, who will do this on the basis of transparently visible information? In what way adding delays to resources withdrawal stops the good old fashioned blackmail that will force me to withdraw them out of scope of control? What am I missing here that would make it not look the way I'm seeing it?
Have you actually tried addressing my point or are you simply bragging about how awesome the algorithms are, when isolated from the real world application and people?