That is one of the beauties of Bitcoin, you can watch big transactions happening and somewhat have some info about money moving from one account to another. With fiat, you never know when big ammounts are moving or not. Even if it is just for being curious.
Some consider this a problem. Many dont like their transactions being public. Confidential Transactions is an idea, that can solve this problem in Bitcoin.
How exactly can someone hide their transactions with a regular bank ? their level of security compared
to Bitcoin is so low as to be virtually zero, if you want to hide your Bitcoin movements on the blockchain it
would be comparatively easy compared to classical banking, where a few bribes to a bank employee or
hacker will be able to get not only your Bank account details but also where you live, every shop
or location you ever made a withdrawal or purchase from listed and easily to digest,
Criminal Organisations love to target wealthy individuals, going overseas can be a security nightmare
for a rich person, when the passport goes through the system all the finacial data is pulled up
with the flick of a button, many many wealthy businessmen are sitting in jail overseas on false
charges with massive sentences because its to easy to get setup to make it look like you did
something wrong,
