Birdwatch Note Rating
2023-05-04 20:57:28 UTC - HELPFUL
Rated by Participant: 307A1C972DC3FE6B605A52CC6AFC71CBD6693054BB4F176859DB65188B1C5DE7
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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