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by lolbase 928 days ago
Perhaps it could be compared to _just_ FedWire. But even then, FedWire handles about $4t of transfers per day. That's a couple orders of magnitude more than BitCoin.

And that's literally one service, from one bank.

1 comments

That is a reasonable comparison. Bitcoin can do that much volume as well (without much change in water “usage”). The difference being that one is controlled by the US government and one is not.
Bitcoin can handle $4T in transfers a day?
At ~700,000 transactions per day, if the avg txn value is $6M, then yes.