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.
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.
Velocity Ticket is trying to fix a major gap in businesses, and the approach it…
Axelar is moving fast to contain damage after identifying a security incident that has resulted…
suiUSDe now has a dedicated landing page. The token, officially the eSui Dollar, comes out…
Ventuals has fully wound down its HIP-3 DEX, and vHYPE withdrawals are now open. The…
Avalanche has launched the Avalanche Payments Collective, bringing together 28 organizations spanning nearly every layer…
A wallet tracked as 0x5f91 just opened a fresh 5x leveraged long on ASTER, putting…
