Post
Topic
Board Bitcoin Discussion
Re: How much damage would VISA have suffered if they'd hit a transaction limit?
by
pereira4
on 21/10/2016, 18:25:57 UTC
How much damage would VISA have suffered if they'd hit a transaction limit for 6+ months during their growth period?

https://tradeblock.com/bitcoin/historical/1w-f-txs_per_tot-01071




It makes no sense to compare Bitcoin with VISA, since VISA is centralized and Bitcoin is decentralized, therefore it's just absurd.
Once we have the Lightning Network then we could think about competing against VISA, for now we can't compete in terms of speed and volume of transactions with centralized system, but with LN we can conquer the world.