Bitcoin Transaction now reaching $300 million daily!
Good news for Bitcoin just keeps rolling in. Now it is that Bitcoins in the near future will overtake Paypal in transaction volume, with Bitcoin transaction $300 million worth daily as of now. With PayPal totaling in at around $315 million, Bitcoin isn’t far behind. With this much cash flow, even eBay has admitted that Coinbase and Bitpay, two major bitcoin payment processors, are some of eBay’s biggest e-commerce competitors. If this keeps up, sooner or later Bitcoins transaction volumes will be competing with even bigger payment networks, such as American Express, MasterCard, etc. More....
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