‘About 99.5% of all the Bitcoin in circulation is held in 16.5 million UTXOs that have a value of 1m sats or more. Most of the other 169 million UTXOs will likely become economically unspendable in the future assuming they aren’t consolidated into larger ones relatively soon.’ - nostr:npub14uhkst639zvc2trx2nlsvk4yqkjp690zk89keytnzgmq2az0qmnq58ez89

People please do some UTXO management and whilst doing that buy some sats.

Bitcoin’s Unspent Transaction Outputs (UTXOs) can be classified into different segments based on their age.

UTXO Management for Dummies:

If everyone pays you in quarters you’ll have to lug around a big heavy bag. It’ll also cost you more time to spend as you have to count quarters when paying. So ask for $20s or $100s as payment, or change your quarters into bills from time to time.

Now I can hear you say...wtf is a UTXO?

A UTXO stands for unspent transaction output. Don’t worry about those unnecessarily complicated words. Just use “UTXO” and understand the concept of what it is…

If you want to learn/study the topic: https://armantheparman.com/utxo/

Credit picture: nostr:npub14uhkst639zvc2trx2nlsvk4yqkjp690zk89keytnzgmq2az0qmnq58ez89

Study, learn, hodl, decouple.

#bitcoin 🧡

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My savings account: Bitcoin

The tool I recommend for setting up a Bitcoin savings plan: @Relai 🇨🇭 🇨🇭 especially suited for beginners or people who want to invest in Bitcoin with an automated investment plan once a week or monthly. Hence a DCA, Dollar cost Average Strategy. Check out my tutorial post (Instagram) & video (YouTube) for more info.

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Felipe - BitcoinFriday

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