I'm currently putting through about 75-100 txs per day on B…
I'm currently putting through about 75-100 txs per day on BSV. Using it.
If 1% of the population did 1 tx per day we would have 890 txs per second. BSV is currently 1 tps. So 890 x the velocity.
Value = velocity²
Today BSV = $175
Future = $138 million
Replies
Price ≠ value.
I like your math.
Interesting Matthew, what is price? What is value?
Oh my
At least, that's the short, oversimplified answer.
Price is just the market ratio of exchange between two assets. Supply and demand sets that.
Value is the subjective benefit a person gets from a thing.
In the case of money, value is an aggregate... More about value of what the money is exchanged for.
"Value is what you get, the price is what you pay for it."
How many txs/day do you do with your bank account and cash?
@stein Probably 5 - 10.
We'll have to go way beyond Visa/MC/Bank transactions and cash transactions :)