Riot, Blockware Solutions Explain How Bitcoin Becomes Medium-of-Exchange: Report Today


Bitcoin mining company Riot Blockchain Inc. and on-chain analytics firm Blockware Solutions have released a report detailing the future scalability of Bitcoin transaction fees, per a release sent to Bitcoin Magazine.

The report notes that the average transaction size per individual currently represents 1-5 Bitcoin transactions per year and explains this would likely evolve to 1-5 transactions per day of Bitcoin were to become a medium-of-exchange.

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