I dont buy it for a second that it is traceable, how can anyone track say a nano s wallet that sits in my kitchen cupboard? they simply can not, and when someone sends me btc, ripple xrp or any other coin, my wallet is only online for a few seconds, good luck with tracking that.
It is the good news (pump the price) bad news (get people to dump) I take zero notice of all of it to be fair, superb article by the by.
Exactly, you would have to engage in a Know Your Customer service in order for your wallet to be connected to your identity.
That's why I stay away from crypto+kyc thing.
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