4 ms·

But also not surprising given that 95% of the use cases are totally illegitimate.

• rahen 4y ago
  Only about 0.15% of crypto transactions last year were illicit, compared to 5% with fiat money. Cash is by far the pinnacle of "crime money", definitely not cryptos. https://blog.chainalysis.com/reports/2022-crypto-crime-report-introduction/ https://blog.chainalysis.com/reports/2022-crypto-crime-repor...
  • mkipper 4y ago
    > compared to 5% with fiat money Sorry, what?
  • miguelazo 4y ago
    That’s a laughable estimate. And even if that were the case, speculation comprises the other 94.85%— also illegitimate—. A result of regulatory capture and complicit politicians.
  • Veen 4y ago
    The study says 0.15% of transactions involved addresses that have been identified as illicit. That’s quite different to saying 0.15% of transactions are illicit and very different to saying 0.15% of the value of crypto transactions was illicit.