Edit:
Just found this one:
VisaNet authorizes, clears and settles an average of 150 million transactions per day in 200 countries and territories.
So , 3000:1.
Keep in mind what VISA really is:
- in the market since 1970
- at the stock market since 2008
- a first hint on their operational model is in
http://de.wikipedia.org/wiki/Visa_Inc.#Einzelnachweise under "How Visa operates. In: Forbes. 25. Februar 2008, abgerufen am 9. Juni 2011" -- this link has been invalidated
- the next hint is here:
This is how visa worksFrom this one may take two lessons:
1. Bitcoin is by dimension faster than VISA
2. Bitcoin does not need to do filthy things to undermine people - its freedom and small fees
From point 2 we all can expect massive attacks of VISA against BTC.
It doesn't fu*** matter
They could be around from 1601.
The fact is that the number of trasactions is 3000:1.
The thread was "Is Bitcoin entering the mainstream FINALLY? "
The answer is NO.
If the question was "Will Bitcoin entering the mainstream FINALLY? "
Then all that you have said would mean anything.
Yes it matters a lot. And the answer is "Yes BTC is short before being mainstream already".
Your reply is little bit strange - "
It doesn't fu*** matter" - I hope you are not one of the nasty VISA guys. If I would work for VISA I would look out for a new job right now before the problem becomes evident.
Since Bitcoin started in 2009 it has grown over 30000% in only four years. And this is just the beginning. When the market flips, what happened often in history, then WU PP VISA and some other companies making lots of money with nothing will disappear or at least shrink to where they ought to be.
Typical zealot , if he doesn't praise bitcoin he must be working for visa or paypal.
Are you insane?
Let me give you an example:
Gas cars , mass produced for 100 years.
Electric cars , almost mass produced for 4 years.
Are electric cars mainstream? NO. Will they? MAYBE!
The same story applies to the dvd players
One year after their launch they covered less than 2% of the market.
Were they mainstream at that time? NO.
Have they become ? YES!
Same applies here bitcoinbadboy.
It doesn't matter if visa mastercard or paypal or hulamanula have been around for 100 years and bitcoin only for 4.
When the ration goes from 3000:1 to 1:30 you can say people have worldwide adopted bitcoin but until that bitcoin is just a novelty ... nothing more.
Mainstream is the common current thought of the
majority.[1] Bitcoin is short by 149 950 000 trasactions/day from that.