Comment Comment by mrb "So maybe that drives a lot of this trading"No data supports this. For some reason articles occasionally still make this claim, but no sources support this.In fact I am aware of a study that reports the opposite: that Bitcoin commerce is no longer driven by "sin" activities but instead by legitimate enterprises: https://papers.ssrn.com/sol3/papers2.cfm?abstract_id=2808762 parent mrb 9 years ago
No data supports this. For some reason articles occasionally still make this claim, but no sources support this.
In fact I am aware of a study that reports the opposite: that Bitcoin commerce is no longer driven by "sin" activities but instead by legitimate enterprises: https://papers.ssrn.com/sol3/papers2.cfm?abstract_id=2808762