pull down to refresh
10 sats \ 1 reply \ @cryptocoin 3 Apr 2022 \ on: In 2021, 12 Fedwire nodes processed < 7 transactions per second, nearly a quadrillion USD bitcoin
Quantity of transfers increased 20% over pre-2020Brrr, but value of transfers increased 40% over that same period of time. Non-inflation adjusted GDP was up ~10% over that period of time.
Conclusion, prices up 20 to 30%.
Call it vodoo math, whatever. But the conclusion is not wrong.
deleted by author