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> Something tells me the amount of drugs purchased with fiat currency is exponentially more than the amount purchased with cryptocurrency. In raw numbers? Sure
by midev 5y ago
> Something tells me the amount of drugs purchased with fiat currency is exponentially more than the amount purchased with cryptocurrency.
In raw numbers? Sure. Everyone uses fiat and nobody uses cryptocurrenices.
If you compare percentage of transactions, though, cryptocurrencies are almost all illegal transactions.
Rookie mistake comparing raw numbers and not percentages.
- henriquez 5y ago> cryptocurrencies are almost all illegal transactions. Citation needed.
- ianhawes 5y agoThis argument was potentially accurate as late as 2015, but given the fact that Bitcoin is so much easier to purchase and is considered an investment, I think you’re seeing the lawful and legitimate use of Bitcoin much more than for illegal purposes. If your next argument is, “Not every Bitcoin transaction is for illegal purposes but every illegal transaction uses Bitcoin”, the same could be said of cash.
- smabie 5y agoHow could you possibly have enough information to claim that "almost all" crypto transactions are illegal? As someone who works in crypto, I find this claim highly dubious.