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Fair - it's hard to get accurate info on the sum value of the transactions. Even if every transaction was a full bitcoin, it's still only $17B per day. Or still
by boc 6y ago
Fair - it's hard to get accurate info on the sum value of the transactions. Even if every transaction was a full bitcoin, it's still only $17B per day. Or still just six tenths of one percent of what JPM processes daily.
- borg_ 6y agoNo it's not hard to get some idea of the transaction volume, at least on chain transactions: https://www.blockchain.com/charts/estimated-transaction-volume-usd https://www.blockchain.com/charts/estimated-transaction-volu.... It stands though that it's orders of magnitudes less than USD. We will never find out such data for USD anyway, where do you verify for yourself that the claimed 2.7T is accurate?
- deleted 6y ago[deleted]