[stale2002]

Who is making these 50k transactions?

And for what purpose? Speculation? Day trading?

I really don't care about the wealthly wall street day traders who are throwing around hundreds of thousands of dollars. That "use case" is boring. "investment" is boring.

What I care about is the average person.

Bitcoin was originally supposed to be a peer to peer electronic cash system. As in, you buy things with it. It was not supposed to be a new wall steet.