If you exchange Bitcoin for cash, the IRS can retroactively look at every wallet that this money originated through. If they decide that they don’t like how certain coins were earned, they can mark them and any wallet they touched as poisoned, and put you in jail if you try to exchange them further.
Monero transactions are inherently obfuscated, which solves this problem. If you want more details, the Monero whitepaper is well written to be accessible for the common reader.
Monero transactions are inherently obfuscated, which solves this problem. If you want more details, the Monero whitepaper is well written to be accessible for the common reader.
The tldr is it works atop ring signatures: https://en.m.wikipedia.org/wiki/Ring_signature