Pura Vida Bitcoiners, 564 sat/byte transaction fees again on BTC, such a great form of money, just costs me $50 for a transaction, good we never increased the blocksize.
This is how we win, hodl hodl, never sell, laser eyes!
Discussion
Increasing the blocksize does not reduce fees. Besides, there is inadequate demand, adoption and backlog of blocks to seriously consider increasing the blocksize anytime soon. UTXO set size is a more important concern.
the mempool is at 4 sat/vb right now which is about $0.30, Chuck.
i get 564 sats/byte when i try to transfer with cake wallet, https://feemultiple.bullbitcoin.com/chart/index also shows a huge spke
Narrator: #bitcoin fees are actually $0.30 right now.
nostr:note19ynx6hxt7nfq7xzlz3upp30suvrcxamd7fhth6rtzhxv2ny8rnusfdxyw9
