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Bitcoin Processes More Volume Than PayPal In 2021

Bitcoin Processes More Volume Than PayPal In 2021



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5 Comments

  1. There isn’t a way to accurately know that. Nobody can tell which address is a change address, nobody knows what the purpose of every Bitcoin transaction is, and nobody can count volume and transactions over the Lightning Network.

  2. tldr; Blockchain analysis firm Blockdata has estimated that Bitcoin processed $489 billion per quarter for 2021. This dwarfs PayPal’s $302 billion transaction volume for the same period. Bitcoin could process substantially more transactions than Visa or Mastercard in the long term if this trend continues. Lightning could play a pivotal role in Bitcoin’s growth.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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