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The Rabbit Hole 2y ago

#bitcoin transaction is a 250-500 byte message.

Minimum 1 sat/byte

#Bitcoin at $1M minimum fee of 300 is $3.

#Bitcoin at $100M minimum fee of 300 sats is $300.

It was meant to be that way from the beginning. Hal Finney has already ventured $100M BTC.

Onchian is a perpetual registry office.

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Börje 2y ago

In a hyperbitcoinized future, tx fees might replace the role taxes today. In other words - a fee that every active user of the network is forced to pay to keep the basics of network going.