Electronic Money and Virtual Currencies (39/42)

⏪

◄

| 2

| 3

| 4

| 5

| 6

| 7

| 8

| 9

| 10

| 11

| 12

| 13

| 14

| 15

| 16

| 17

| 18

| 19

| 20

| 21

| 22

| 23

| 24

| 25

| 26

| 27

| 28

| 29

| 30

| 31

| 32

| 33

| 34

| 35

| 36

| 37

| 38

| 39

| 40

| 41

| 42

►

⏩

Downside of Bitcoins

Slow Transaction Processing → Low Throughput

ave. # transactions per min. ave. amount per transaction

Bitcoins 40 $2,000

VISA Credit Cards 200,000 $80
Volatility of an Exchange Rate to a Fiat Currency

	ave. # transactions per min.	ave. amount per transaction
Bitcoins	40	$2,000
VISA Credit Cards	200,000	$80

Previous Slide

39 of 42

Next Slide