I once came across an article where it was stated that over 60 percent of most crypto transaction were used for betting. I don't see anything wrong with that. But don't you think it portrays crypto in a bad way?
60% crypto transaction is used for betting?? are you sure about what you read in that article!! I don't think this is an important thing to discuss.. as long as it doesn't harm people, I don't think there's anything wrong.
I can not believe it if there is no evidence of the article attached, there may be a mistake or news made to drop crypto. plus if that happens crypto is only a means of payment in a betting method, so I don't think it's a big deal. because the pure gamble is that the user does it
If the statistic is true and authentic then the reason could be as a result of betting in cryptos is a daily transaction whereas in trading a trader withdrawal might be on weekly or monthly basis depending on the trader's choice likewise miners however the above mentioned statistics of betting cannot paint cryptos in a bad light because those betting transactions are carried out legitimately.