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by JshWright
1441 days ago
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Why wouldn't percentages be relevant? If one currency delivers a massive amount of utility and value to society while a tiny fraction of it is used for illicit purposes (i.e. USD), and another currency is overwhelming used for illicit purposes, with only a tiny fraction being used for actual utility, that is a meaningful comparison. |
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Deal with absolute numbers and it pales in comparison, and again it's used for scams is a null argument unless you hide it in percentages.
The argument applies to any fungible asset and isn't unique to blockchain.
Also check the history of the dollar and financial networks.. clever shitty people will always be ahead of the curve.
It's why I support regulation, people are very good at identifying bad behaviours and mitigating it..that is until they end up running it.