4 ms·
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3942181 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3942181 > For example, illegal transactions, sc
by overthrow 4y ago
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3942181 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3942181
> For example, illegal transactions, scams
and gambling together make up less than 3% of volume.
- VWWHFSfQ 4y agothe other 97% is bots sending small amounts of bitcoins back and forth to each other for no reason whatsoever
- trogdor 4y agoIn fairness, that kind of thing arguably happens with stocks as well, though algorithmic trading. Though it’s not small amounts.
- eru 4y agoThough they do have reasons. But the 'bots' in Bitcoin probably have too. After all, there are transaction costs.
- Psychoshy_bc1q 4y agoback this claim up. wait you can't