Categories: Infographics

Bitcoin vs other payment systems’ daily transaction volume

This infogram shows that while Bitcoin’s market cap evaluation might be in the Billions the facts are that the transaction volume of Bitcoin is tiny compare to Visa or Mastercard. Here are the data-points upon which this infogram was based:

 

The only adjustment made to the data-points is to lower the daily Bitcoin volume from 237 (when Bitcoin volume was peaking in december) to the current 60 million USD in daily volume.

Related Post

 

Bitcoin is a new currency and a new idea, we need to keep in mind that it has many hurdles to go through before being able to compete with the big giants in our payment system like Visa Inc. and Mastercard

If you liked this article follow us on twitter @themerklenews and don’t forget to subscribe to our newsletter.

Mark Arguinbaev

I'm a 29 year old cryptocurrency entrepreneur. I was introduced to Bitcoin in 2013 and have been involved with it ever since. Fun Fact: I mined cryptocurrency using my college dorm room's free electricity.

Share
Published by
Mark Arguinbaev

Recent Posts

xStocks Surpasses $25 Billion Volume As Tokenized Equities Enter New Market Phase

The tokenized equities sector is accelerating rapidly, and xStocks has now crossed a defining milestone:…

24 hours ago

Base Begins Transition To Native Tech Stack In Major Layer 2 Shift

Coinbase-incubated Layer 2 network Base is entering a new phase of its development, moving toward…

24 hours ago

Zora Officially Launches Its Revolutionary “Attention Market” On Solana In A Bold Multichain Expansion

Zora has officially launched its new “attention market” on the Solana blockchain, marking a bold…

2 days ago

XRP Ledger Activates Permissioned DEX With XLS-81 As Institutional Trading Model Emerges

The XRP Ledger has introduced a new on-chain trading framework that signals a notable shift…

2 days ago

Grayscale Launches First U.S. Sui Staking ETF As Institutional Access Expands

A new milestone in the evolution of crypto investment products is set to unfold as…

2 days ago

Polygon Surpasses Ethereum In Daily Fees As Activity Surge Signals Historic Shift

A major milestone is unfolding in the blockchain economy as Polygon records a historic “flippening”…

3 days ago