Bank transactions are trivially traceable and reversible by the state. I've been actively against bitcoin and monero exactly because they facilitate kidnapping and other forms of effectively irreversible digital theft.
The best part about living in a society with institutions based on trust instead of non-trust, is that it's trivially easy to eject bad actors from the system.
The best part about living in a society with institutions based on trust instead of non-trust, is that it's trivially easy to eject bad actors from the system.