> He highlighted that crypto transactions linked to criminal activity make up “less than 0.3 per cent of all economic activity”. > “This is in stark contrast t

> He highlighted that crypto transactions linked to criminal activity make up “less than 0.3 per cent of all economic activity”. > “This is in stark contrast to estimates between 2 per cent and 5 per cent for our beloved euros.” This is such a dumb argument. You have to use real currencies to get anything real done. Of course they will be used more for crime. If cryptocurrencies became the standard that number would rise drastically. 0.3% is a staggering high number considering how niche cryptocurrencies still are. I’m also sceptical how accurate that number is. A lot of cryptocurrency transactions are in the gray zone. Like being related to ponzi-like schemes that would be illegal if it wasn’t based on cryptocurrencies.