This infogram shows that while Bitcoin’s market cap evaluation might be in the Billions the facts are that the transaction volume of Bitcoin is tiny compare to Visa or Mastercard. Here are the data-points upon which this infogram was based:

datapoints-infogram

 

The only adjustment made to the data-points is to lower the daily Bitcoin volume from 237 (when Bitcoin volume was peaking in december) to the current 60 million USD in daily volume.

infographic-v1

 

Bitcoin is a new currency and a new idea, we need to keep in mind that it has many hurdles to go through before being able to compete with the big giants in our payment system like Visa Inc. and Mastercard

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Mark is a 25 year old cryptocurrency entrepreneur. He was introduced to Bitcoin in 2013 and has been involved with it ever since. He used to mine bitcoins and altcoins but now focuses on blogging and educating others about digital currencies.