Bitcoin march colonialtom robinson ellipticblog

90% of transaction volume on the Bitcoin blockchain is not tied to economically meaningful activities but is the byproduct of the Bitcoin protocol design as well as the preference of many participants for anonymity. … exchanges play a central role in the Bitcoin system. They explain 75% of real Bitcoin volume … Our results do not support the idea that the high valuation of cryptocurrencies is based on the demand from illegal transactions. Instead, they suggest that the majority of Bitcoin transactions is linked to speculation. Discover the business case for blockchain analytics and how businesses can protect themselves from illicit activity in the ever-growing, ever-changing world of cryptocurrency. 

In the face of these sanctions, Iran has turned to an unlikely solution - Bitcoin mining. How much will the global cryptocurrency market be worth in 2028? How to mine Bitcoin in 2022