It takes roughly over $10 million a year to keep a BTC exchange operational when run in a professional manner. 1% commission implies $1b vol
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@GCsVentures Note that $10 million a year does not match my estimation of the current burn of any particular company. *whistles* -
@patio11 Haha :) makes sense. I'm not sure you'd need that many engineers, but thank you for detailing. It helps understand your point :)
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