The Progressive Bitcoiner, Inc. @progressivebitcoiner.org · Dec 5

A fact check moment is needed for Bluesky! 🚨 No, the vast majority of bitcoin transactions are NOT used for criminal activities. Less than 1%…and it’s usually caught. Much more is funneled through the traditional financial system amounting to trillions. The more you know ✨

19 likes 5 replies

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Replies

Josh Gerlach · Dec 5

Next up: Bitcoin doesn’t boil oceans!

Cat Dadvid · Dec 6

All my illicit dealings have involved the US dollar, it’s truly the preferred payment method of most illicit dealers.

PixelsBySylvie.etsy.com · Dec 5

Also let's not forget that standard currencies are used for criminal activity too!

Dara | WhenStarsAlign · Dec 6

💯 I fell for that narrative until I spent my 100 hours to actually learn. I’m still newer to bitcoin, but I’m fully Orange-pilled at this point and committed to spreading this enthusiasm through my circle of influence.

Mike Hunt · Dec 6

It's about 3% for crypto and 2-5% for fiat money. Up to the next wrong claim