Bitcoin or fiat: which is more often used in illegal activities?

Cryptocurrencies and illegal activities are often mentioned in the same sentence - especially by those who do not support the idea of digital assets. The anonymous nature of the coins serves as a pretext for accusing them of being used primarily in illegal transactions. However, a number of messages may shed more light on this matter. Let's try to figure out whether Bitcoin is actually used more often in illegal activities, or whether cash still prevails here.

Bitcoin against Fiat So who is more volatile?

Most often, Bitcoin is criticized precisely because of its strong volatility. As John Williams, president and CEO of the Federal Reserve Bank of New York, noted in April 2018, “volatility makes Bitcoin and other cryptocurrencies an unstable repository of value. This prevents it from being used as a payment tool. ” However, over the past year Bitcoin has shown amazing stability. At the same time, the dynamics of cryptocurrency was even better than many fiat currencies.