Does Bitcoin have utility?
Bitcoins daily volume today is nearly 100 billion dollars. I remember when the entire market cap was around 50–60 billion. That was 2 years ago believe it or not. What a difference 2 years can make. a 50–60 billion dollar market cap turned into 750 billion.
Back in those days we had days with 3–5 billion dollar 24 hour volume. Today we are seeing 100 billion 24 hour volume. That is a huge increase. I have not brought up stats like this in a while but they are certainly significant. Therefore I decided to make a post specifically targeting these stats.