5 ms·
Perhaps it could be compared to _just_ FedWire. But even then, FedWire handles about $4t of transfers per day. That's a couple orders of magnitude more than B
by lolbase 3y ago
Perhaps it could be compared to _just_ FedWire. But even then, FedWire handles about $4t of transfers per day. That's a couple orders of magnitude more than BitCoin.
And that's literally one service, from one bank.
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- TheDudeMan 3y agoThat is a reasonable comparison. Bitcoin can do that much volume as well (without much change in water “usage”). The difference being that one is controlled by the US government and one is not.
- TaylorAlexander 3y agoBitcoin can handle $4T in transfers a day?
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- TheDudeMan 3y agoAt ~700,000 transactions per day, if the avg txn value is $6M, then yes.