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99 sats \ 3 replies \ @0xbitcoiner 4 Mar \ parent \ on: Chainalysis Estimates 0.34% of On-Chain Crypto Activity is Illicit charts_and_numbers
It's common knowledge that using fiat for illicit activities is more anonymous. What year is this data from? With the increase in the supply of fiat and the increase in the value of Bitcoin, these values may be outdated.
It's perplexity.ai (which I use more than google these days) so it learned this gestalt answer from crawling the web, and cites some sources but doesn't seem like there's any great data out there... (the sources linked seemed rather hand-wavy)
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This estimate is especially interesting because of the methodology. It's well worth a read.
2017
In other words, more than a third of all US currency in circulation is used by criminals and tax cheats.
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Ah, okay! There must be some studies out there with this data. I'll do a quick search.
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