If one’s base case for fees over the next epoch is for them to 100x+…
Is the most rational thing now to consolidate all your cold storage utxos into a single utxo for future spending?
Discussion
I think it's better to have a few smaller utxo's, when bitcoin increases exponentially in value you won't be spending much on individual purchases and so you won't need to combine utxo's if u have a few. will be net better for privacy
I try to think about it in terms of %. I consolidate utxos into amounts wherein the fees would be less than 3% of the value spent. This is based on a lot of assumptions of future fees though.
If you believe that will happen then imo yes, that's your best bet.
Epoch … Breathe 🧘🏻♀️
