Re:Bitcoin is a disaster
by biolurker1 on Friday January 01, 2021 @04:04AM
(#25601868)
Bitcoin transacted way more money that PayPal etc
[ Parent
| on HN ]
People actually buy stuff on paypal. They processed 2.5 billion transactions in 2020. Bitcoin processed about 250 million transactions.
The total amount of reported money transacted might be higher for bitcoin but that doesn’t come from contact with the real economy. So that depends on the valuation of bitcoin rather than economic impact.
https://www.statista.com/statistics/277841/paypals-total-pay...
https://www.statista.com/statistics/730806/daily-number-of-b...