4 ms·
...but I would be surprised if the total volume of transactions were greater than that of traditional currencies (ie cash). You cannot compare the two. If you
by Broken_Hippo 5y ago
...but I would be surprised if the total volume of transactions were greater than that of traditional currencies (ie cash).
You cannot compare the two. If you are poor and someone gives you crypto, you still won't have better food or a better apartment until you turn the crypto into cash. It isn't surprising that a less useful, simple form of transaction notation (which is really what money is and always has been) has less transactions than the sort of currency that can almost always buy you food, let you watch a movie, and pay your rent.
- mattwilsonn888 5y agoSymptom of being early, or more precisely, of having low liquidity comparatively. When the market cap increases liquidity rises and price stabilizes which lead to the final requirements for layer 1 of a currency.