"Sex, Drugs and Bitcoin

Cryptocurrencies are among the largest unregulated markets in the world. Bitcoin is often called The Currency of Terrorism. However, it may be not quite true. Despite the surge in cryptocurrency usage and values in 2017, estimated holdings of criminal proceeds in crypto currency remain small in absolute value and even smaller relative to estimated criminal transactions.

Recent study by the University of Sydney and University of Technology Sydney has found that ‘approximately one-quarter of bitcoin users and one-half of bitcoin transactions are associated with illegal activity. Around $72 billion of illegal activity per year involves bitcoin, which is close to the scale of the US and European markets for illegal drugs.’ But, the researchers found the same users collectively hold just $8bn worth of Bitcoin.

Barclays analysts claim, that there is evidence that ‘dark web’ criminal activity on Bitcoin is shifting to Monero and Zcash to better mask transactions, but these two crypto currencies have total market capitalisations of just $4,1bn and $1,1bn, respectively." ALFA Rating

www.alfarating.com or https://t.me/alfarating