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There's no way to definitely prove you wrong, and there's no way your presumption can be proven right. Bitcoin volumes increase month over month, Bitcoin trans
by ringaroundthetx 9y ago
There's no way to definitely prove you wrong, and there's no way your presumption can be proven right.
Bitcoin volumes increase month over month, Bitcoin transactions onchain still increase month over month, or at least year over year so far, you can try to extrapolate days destroyed to see how much of the supply moves
But you will never know the purpose behind the transactions.
Payment processors releasing data wouldn't even give a picture of peer to peer purchases happening, and they aren't even releasing data.
People investing in mining cooperatives, mining hardware, and token sales for all manner of organizations, are all part of the picture. And this will be in the billions this year.