Post
Topic
Board Bitcoin Discussion
Re: There is a Race For an Internet-Native Currency, and Bitcoin is Leading It.
by
Carlton Banks
on 05/11/2019, 18:58:13 UTC
Bitcoin and other cryptocurrencies are barely a fraction of 1% of online payments. We've actually gone backwards in terms of adoption as a payment in the last few years.

percentage wise, it may be down. But Bitcoin carries more transactions than it did in the last few years, in terms of daily average, peak and available capacity. That's not backwards adoption, even if it's a smaller slice of online payments (which hence must be growing overall faster than Bitcoin is).

and when lightning payments channels overtake on-chain usage, no-one will even know, since the statistics will always be incomplete because of how private the network is.