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You're presenting statistics in a biased way which fits your narrative. It's very common to hear "most of the illegal transactions are still in dollar". But th
by acatton 5y ago
You're presenting statistics in a biased way which fits your narrative.
It's very common to hear "most of the illegal transactions are still in dollar". But that's a biased way to see it.
If USD represents $100T of transactions amongst which $1T of transactions are for illegal activities, this means only 1% of the transactions are illegal.
On the other side, if crypto represents $1T of transactions amongst which $500M are illegal, this means 50% of transactions are illegal.
In absolute, in this example, most illegal transactions are in USD, but crypto is much much more likely to be used for illegal transactions, therefore showing that it has little/less use for legal transactions.