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How Much Bitcoin Moves Each Day?
Porkopolis Economics: Episode 102
Show Sponsors: trezor.io
Donations to Porkopolis Economics via BTCPay are appreciated: https://donations.porkopolis.io/
Porkopolis Economics covers macroeconomics, money, and sports from the creator of the Crypto Voices podcast, Matthew Mezinskis.
Today we look at the mysterious Fedwire. This is the only dollar-based payment system (at the moment) that is comparable to anything that Bitcoin does, as it is "real-time gross settlement." You either have federal funds, or you don't, when using Fedwire and making payments. This is exactly how Bitcoin works. How much work does Bitcoin need to do to catch up?
Contents
00:27 Bitcoing Network Chart Breakdown
01:34 2021 Bull Run
03:15 TTM Value of Transfers Originated
04:51 Show Sponsor - Trezor
05:50 TTM Overview
08:26 Fedwire Explained
10:52 Base Money Summary
11:34 Log Scale
12:05 Closing Thoughts
Host: Matthew Mezinskis
https://porkopolis.io
https://twitter.com/crypto_voices
Show content is not investment or financial advice in any way.
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