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by JumpCrisscross 1374 days ago
> Estimates vary anywhere between $700 million to over $1 billion each year

That’s a rounding error to the half a trillion dollar global drug trade [1].

[1] https://en.m.wikipedia.org/wiki/Illegal_drug_trade

1 comments

So what?

It’s still a billion dollars and it has been steadily growing every year.

Is this a Bn in drug volume traded or a Bn of revenue that the exchange takes as a % of the drug $ traded? If the latter your estimate prob make sense, although I don’t know what their margin is.