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UPS Retirement Topics
Bitcoin/Ethereum/cryptocurrencies
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<blockquote data-quote="BadIdeaGuy" data-source="post: 5147222" data-attributes="member: 73381"><p>You think so?</p><p></p><p>Look at the growth charts for Bitcoins transactions per day.</p><p>There's roughly 250,000 transactions a day.</p><p></p><p>Visa and mastercard do over 100,000,000 per day.</p><p></p><p>Up until recently, bitcoin had a far bigger market cap than both of those combined.</p><p></p><p>It would have to scale 400X to get to the point they are at.</p><p>And the number of transactions are shrinking, not growing, year over year.</p><p></p><p>Dude, I just don't see it.</p></blockquote><p></p>
[QUOTE="BadIdeaGuy, post: 5147222, member: 73381"] You think so? Look at the growth charts for Bitcoins transactions per day. There's roughly 250,000 transactions a day. Visa and mastercard do over 100,000,000 per day. Up until recently, bitcoin had a far bigger market cap than both of those combined. It would have to scale 400X to get to the point they are at. And the number of transactions are shrinking, not growing, year over year. Dude, I just don't see it. [/QUOTE]
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