In Bitcoin-based transactions, about 76 billion US dollars of transactions are involved in illegal activities each year, accounting for about 46% of the total Bitcoin transactions. Almost a quarter of bitcoin users, and nearly half of bitcoin transactions, are illegal. Therefore, from a quantitative point of view, the use of Bitcoin is enough to become the target of attention of governments and international criminal police. If governments block Bitcoin, does Bitcoin have no value?
Uuhm… I don’t think your stats there are accurate. Where did you get those stats that up to 46% of Bitcoin transactions are illegal? I think that is wrong. You should have left a link to the source so that we as well can check it. From what I know, which I am very sure, and it was according to CNBC.com, only 0.34% of cryptocurrency transactions were illicit transactions. Before now it has been around 2%, so that means there has even been a decrease.
So, how did you come up with the 46% you have here? And in case you don’t know, fiat is more often being used for illicit activities more than Bitcoin. Bitcoin doesn’t even come close to the rate at which fiat is being used for that.