Birdwatch Note Rating
2023-05-04 20:32:35 UTC - HELPFUL
Rated by Participant: 0CF5CB0E1C6D14A754291EE3C8D33E3C293A5ECCB81F383A8CAD6BE65C2DF1AA
Participant Details
Original Note:
There is little money laundering using the Bitcoin network compared with the United States Dollar. Per Chainalysis's research: "Money laundering specifically was estimated to make up only 0.05 percent of total crypto transaction volume..." https://www.cato.org/blog/overstating-crypto-crime-wont-lead-sound-policy
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