In 2021, the Bitcoin network's take rate from transaction fees was significantly (over 20x!) lower than that of Visa. 
Even if you include all costs to run and secure the Bitcoin network (namely, total miner revenue):
The Visa network extracts almost twice as much revenue compared to Bitcoin.
The Visa network extracts almost twice as much revenue compared to Bitcoin.
And as we highlighted in our Big Ideas report, Bitcoin's annual settlement volume has actually surpassed Visa's payments volume.
This means that, based on our research:
Bitcoin not only settled more volume than Visa in 2021 but it also did so more efficiently with a lower take from the network.
Bitcoin not only settled more volume than Visa in 2021 but it also did so more efficiently with a lower take from the network.
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