[dmantis]

That's not universally true, there is a class of privacy coins whose txs are not (at least in theory) traceable.

I'd argue that's actually a more anarchist original view and transparent ledger is a bug of the first implementation, not a feature, and creates problem of the original money people are trying to solve (i.e. have electronic money without a government overreach, US using modern banking system as a political pressure tool, etc)