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How much volume is there today in bitcoin for payment processing? Afaik extremely little. So bitcoin fails this usecase too.
by ivalm 4y ago
How much volume is there today in bitcoin for payment processing? Afaik extremely little. So bitcoin fails this usecase too.
- polygamous_bat 4y ago7 transaction per second, so (as far as I remember) for every person in this world to make one transaction it would take around 30 years. Finance of the future and all that.
- ivalm 4y agoTo be fair they do have layer 2 to roll up more transactions, it’s just I think even with that it’s not a lot.
- MildlySerious 4y agoBitcoin sure does and I haven't used it in half a decade. It's not a great benchmark for crypto as a whole.