Reply to this note

Please Login to reply.

Discussion

I never understand why people get upset about high mempool fees

Bitcoin is going to be a global settlement layer, not a day to day payments tool. If 1 sat = 1 cent someday (it will) then it will be hundreds of dollars to do transactions even if demand remains the same as it is now (it won’t)

High mempool fees just indicate that Bitcoin blockspace is being valued, which is a good thing