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> most of them revolve around money laundering, drug trades, and ransomware. You need a citation for that, because according to experts “In 2020, the illicit s
by rawtxapp 5y ago
> most of them revolve around money laundering, drug trades, and ransomware.
You need a citation for that, because according to experts “In 2020, the illicit share of all cryptocurrency activity fell to just 0.34%,” reported Chainalysis [1].
For many, it's a hedge against inflation, for others it's the next potential global reserve currency, for some it's just a savings mechanism. There are more rational reasons than just crime that you're ignoring.
1: https://www.thomsonreuters.com/en-us/posts/investigation-fraud-and-risk/crypto-crime-caveats/ https://www.thomsonreuters.com/en-us/posts/investigation-fra...
- Jensson 5y ago> In 2020, the illicit share of all cryptocurrency activity fell to just 0.34%, Is the takeaway that the crypto bubble stands for 99.76% of the activity?