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Wow, that's amazingly low. Especially because I'm guessing most of these transactions are just mixing services. I wonder how much represent actual transfers of wealth between individuals? I would guess less than 1K per day, which would make it incredibly low compared to all the hype bitcoin has got.


Indeed. In searching around to find something to compare these numbers with, I found that Walmart alone processed 10 million register transactions in 4 hours on Black Friday in 2012[1]. Even if all 70k bitcoin transactions every day were actual purchases (rather than shifting money around), it'd take 5 months to do what Walmart did in 4 hours.

1. http://news.walmart.com/news-archive/2012/11/23/walmart-us-r...




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