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Hammad_khaan
5 months ago
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Bitcoin has made a new all-time high price
A person mentioned that Bitcoin is heavily used for money laundering and similar activities. How authentic is this, and does it affect rates, like what's happening right now?
fallingsquirrel
5 months ago
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https://mitsloan.mit.edu/sites/default/files/2022-06/Bitcoin...
> illegal transactions, scams and gambling together make up less than 3% of volume.
bryanlarsen
5 months ago
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In other words almost all of the actual transactions, since the other 97% is almost purely speculation.
Hammad_khaan
5 months ago
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How? Any proof?
fallingsquirrel
5 months ago
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Did you read the paper? I'm not going to hold your hand.
Hammad_khaan
5 months ago
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sorry my bad. I missed it completely
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