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Re:El Salvador to adopt Bitcoin as legal tender by wokwokwok on Sunday June 06, 2021 @06:35AM (#27412131)
You think the average person does less than one financial transaction per day? O_o

I mean, sure, not everyone is out getting a coffee every morning, but that strikes me as roughly an order of magnitude below reality.

Let’s say, shopping three times a week, with 5 transactions per shopping trip; that’s already an average of 2 transactions a day, but worse, since it’s clustered in small time intervals.

How do possibly get 0-1 transactions per day per person?

That’s.. a society where people don’t use money. It’s not a thing.

Re:El Salvador to adopt Bitcoin as legal tender by yorwba on Sunday June 06, 2021 @07:13AM (#27412307)
Over the last three months, I've made on average slightly more than two transactions per week, most of which is due to buying food every 3 or 4 days. Everything else is a rounding error.

Now I won't claim my consumption pattern is typical, but it certainly shows that 0-1 transaction per day is possible. (What are the five shops you visit three times a week?)

Re:El Salvador to adopt Bitcoin as legal tender by ben_w on Sunday June 06, 2021 @08:14AM (#27412618)
Working from home during the pandemic, I’ve been making 4.3 transactions per week.

If I was still commuting, I’d add at least 5 a week for lunches, might add another 5 a week for train station Brötchen and cookie. If the restaurants were back to normal, might add two more per week for evening meals.

I think I prefer my new normal of the bulk shopping being a once a week collection, so that probably won’t go back to my old habit of whatever/wherever, but even then the local doesn’t have everything I want, so there will be a few additional transactions with grocery stores.

(My commute costs will likely be a once-per-year expense, so a rounding error for transactions per week).

Re:El Salvador to adopt Bitcoin as legal tender by wokwokwok on Sunday June 06, 2021 @11:45AM (#27413913)
> What are the five shops you visit three times a week

Ah, chemist, supermarket, coffee shop, butcher maybe bakery? Heck, I might run out of sugar and have to go shopping again! Is it really that weird?

I’d particularly like to point out that all-in-one shops are globally atypical, and specifically atypical in smaller communities.

I seriously think you should consider your buying patterns as not representative of... most people, in most places, and specifically not el salvador.