Birdwatch Note Rating
2023-05-05 03:17:46 UTC - HELPFUL
Rated by Participant: 9906711E803519ACDDA2AA0C1F84D3C1023A9C1E283E3A7C73BBDABF9059083D
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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