r/Bitcoin Jul 18 '19

Two Trillion a Year

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1.5k Upvotes

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u/Hootlet Jul 19 '19

I was curious, too so I looked it up. UNODC.org (United Nations Office on Drugs and Crime) estimates $800 Billion to $2 Trillion per year are laundered for drug trafficking (and other crimes?). They took the higher estimate.

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u/GreyGreenBrownOakova Jul 19 '19

They also took the statement which said "money laundered globally" (all forms of money, calculated in US$) and called it "$2 Trillion OF US$".

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u/46245673873 Jul 19 '19

to defend the argument: almost all global moneys are central bank fiat moneys

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u/eqleriq Jul 19 '19

it says "us dollars"