Hacker News Reader

According to chainanalysis, about 0.34% of crypto transfers in 2020 were for crime if that's what you mean by illegitimate [1].

1: https://blog.chainalysis.com/reports/2021-crypto-crime-repor...

View on HN

Yeah, just curious how much is for crime. That’s not that much (thought it might have been higher)

Using a transparent, public, mathematically provable correct, ledger to store your drug-laundering and income: who ever thought this would be a good idea?

Bitcoin only ever was pseudonymous, which is only anonymous if you manage to disconnect each link between with the real world and your bitcoin pseudonyms/addresses. For ever.

That is a lot of hard work, when for example a £20 bill works so much easier.

Reply on news.ycombinator.com