In 2018, the bitcoin surpassed PayPal in transaction cost
This year has already made payment transactions in bitcoins for about $1.3 trillion. This digital currency ahead of PayPal and Discover.
According to Yassin, Elmandjra, a representative of the company ARK Invest, you should take into account the transaction cost, not volume of transactions.
The first cryptocurrency can outrun a payment system VISA. It should be noted that bitcoin and PayPal are often used in p2p payments and VISA is intended for payment of consumer goods.
Nevertheless, a large part of the transactional value of bitcoin is the result of speculative activities of market players.