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I know I'll probably get downvoted but so what.
Bitcoin itself (and Ethereum) have become so valuable that they are considered investments, in a way that Beanie Babies and Cabbage Patch dolls only dreamed of.
They are currencies and are used that way but are also traded and invested just as millions of people do with Forex.
The blockchain records and validates every transaction so it is traceable. Your anonymity comes down to what kind of wallet you're using.
Many smaller cryptos are definitely "pump and dump" scams. If you get in at the bottom of the wave, you can make money.
If you want anonymity, Monero (XMR) is the crypto you want. This is what the currency of "the dark web" is.
Once I saw that the organizers of this conference invited T**** to speak, I got rid off all my BTC. It's not enough to affect the price but I don't want to be associated with it anymore.
As someone else mentioned, these cryptobros are supporting Cheeto Dick Don out of greed.
He's interested in it bc he thinks he'll get away with receiving illegal contributions. The FEC and IRS will be able to track those payments if they ever decide to get involved.