Bitcoin transaction costs have been higher than normal this month.

If you think about it, it’s kind of surprising that #BTC transaction costs are ever low to begin with. After all, Bitcoin is the strongest money in history, and outshines its competitors in almost every way. So the real surprise is that such a small percentage of earth’s population currently uses Bitcoin regularly.

Suffice it to say that I don’t believe that will be the case forever, because #Bitcoin adoption continues to grow massively with each passing year. When we arrive at the point where billions of people are trying to use Bitcoin everyday, it’s almost certain that the transactions that do make it across the base layer chain will be rather expensive.

I released an article this morning assessing the current state of transaction costs on Bitcoin. Check it out:

https://hifibitcoin.substack.com/p/decentralized-money-comes-with-a-cost