Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
STT
on 05/01/2015, 16:13:27 UTC
...
Guys, 100k TPS would equate to 8.64 billion transactions per day.  There are only 7 billion people on earth.  That is theoretical upper upper upper limit... probably never be reached.

Because no one ever makes more than one financial transaction per day.

Quite a few transactions are internal.    We do have places like Casinos producing alot of transactions but do they post every one to the blockchain separately ?
I think much less then 1 per person is reasonable as small commerce should not be broadcast with the same security as larger more important transactions that do need a full record