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The study says 0.15% of transactions involved addresses that have been identified as illicit. That’s quite different to saying 0.15% of transactions are illicit and very different to saying 0.15% of the value of crypto transactions was illicit.

> compared to 5% with fiat money

Sorry, what?

That’s a laughable estimate. And even if that were the case, speculation comprises the other 94.85%— also illegitimate—. A result of regulatory capture and complicit politicians.