In the comparison with the Visa network, total volume of $11.3 trillion was recorded for 2020, rising to $13 trillion last year, an increase of just 15%. In 2021, just over 95 million transactions were processed in Bitcoin.
Broadhaven Ventures co-founder and partner Michael Sidgmore stressed in an interview with Bloomberg TV that “Bitcoin’s primary goal is not to go faster, but to unlock access to the economy and financial services for individuals and businesses alike.” companies. Particularly in emerging countries, for example in Latin America and Africa, there are significant use cases around Bitcoin remittances.”
“It is significant that Bitcoin, with just over 13 years in operation, has been able to overtake Visa in annual volume traded, compared to 64 years since Visa was founded. It is also notable that Bitcoin transactions, by not depending on a trusted third party and not having time restrictions, they can be done without censorship and sent anywhere in the world in minutes,” Criptonoticias analyzed.
Source: Ambito
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