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by howdydoo 1626 days ago
12% of the USA's economy is illegal activity. [1]

0.5% of Bitcoin's volume is illegal activity. [2]

When will this crime meme finally die?

[1]: https://www.investopedia.com/articles/markets/032916/how-big...

[2]: https://ciphertrace.com/2020-year-end-cryptocurrency-crime-a...

1 comments

You need to recheck your numbers. [1] says the number is about 7% for the US. [2] is > 10% for Bitcoin before I stopped adding.
[2] says:

> illicit transactions making up less than 0.5% of Bitcoin’s yearly volume in 2020

No adding required.

[1] throws a lot of numbers including/excluding different categories of drugs/etc. You can squabble about 7% or 12%, but the point is it's an order of magnitude higher than 0.5%.