The myth that cryptocurrencies are "untraceable" was born during the early days of cryptocurrency, but unfortunately persists today. In today's article , I'd like to clear up some of the confusion and explain the reality of "pseudonymous" cryptocurrencies.
It is probably one of the biggest difference of crypto payments to regular bank transactions.
If one pays with crypto in an online shop and indicate a delivery address, then shop owner will see all the transaction on the blockchain explorer. It is not necessary bad as there is similar reputation tracking on eBay etc. But surely not that we would like full transparency and deliver complete picture with one minor purchase. That may probably limit payments in crypto and crypto adoption or public address has to be changed often via intermediate exchanges.