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A comment on El Salvador adopts Bitcoin as official currency, first country to do so. Parent comment

Re:El Salvador adopts Bitcoin as official currency, first co... by FabHK on Tuesday September 07, 2021 @02:35PM (#28448246)
The capacity of BTC is so low that if it had universal adoption, every human being could do around one or two transactions in their lifetime.
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Re:El Salvador adopts Bitcoin as official currency, first co... by hackingforfun on Tuesday September 07, 2021 @03:56PM (#28449102)
What's your source on this? Are you figuring in the Lightning Network?
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Re:El Salvador adopts Bitcoin as official currency, first co... by simiones on Wednesday September 08, 2021 @05:31AM (#28454918)
The figures for the bitcoin blockchain are public and monitored by most exchanges. They are at about 11000 transactions/hour[0] - ~3 transactions/second for the entire world.

The lightning network is a separate system for transactions denominated in bitcoin. It does nothing to modify the capacity of the bitcoin network, it creates a way to do transactions WITHOUT using the bitcoin network (except occasionally).

[0] https://bitinfocharts.com/bitcoin/

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Re:El Salvador adopts Bitcoin as official currency, first co... by FabHK on Tuesday September 07, 2021 @06:52PM (#28450852)
> What's your source on this? The well known numbers for BTC transactions per seconds, number of people on the planet, average life expectancy, and maths.

> Are you figuring in the Lightning Network?

No.

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