what % of entire market of btc is black market compared to % of fiat market vs black
sounds if confusing but trying to do graphical analysis of different variables and their effect on market prices
Maybe up to 15% of the Bitcoin market is composed of black market transactions I would say, there's a relatively low likelihood it is as prevalent as everyone wants to say it was. There's a lot of money and users in Bitcoin now, so there's a lot more diversity in use compared to the early 2010s. As for fiat, IIRC the GDP of the black market is something like 15% of national GDP in big black-market countries and closer to 6% in most other countries.