Sure, you can see the balance of another account but as long as the identity behind it isn´t revealed publicly that doesn´t actually matter. It´s rather the opposite as everyone can see what´s happening and no new coins can get printed without public notice like it´s pretty much the case with fiat these days...
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As a disclaimer @steembusiness
My research on the various cryptocurrencies as in the above comment is concrete and shows the pros and cons of using this block chain system and many other forms of EFTPOS systems across the e-commerce globe. #tkc