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Dec 2017, Bitcoin at $20k, fees nearing 100 sat/B

-Segwit barely rolled out

-Exchange tx batching sparse

-No RBF

-Wallet fee estimators/controls severely lacking

-Lighting doesn't exist

Today with a higher price and a similar mempool, we are infinitely better equipped.

As a comparison, I can remember in 2017 sending a Bitcoin transaction from a popular wallet with zero fee controls during the bull run. Cost me over $100.

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jacke 2y ago

why are fees so high today? is there any particular reason?

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🐢 2y ago

https://www.coindesk.com/markets/2023/05/02/bitcoin-request-for-comment-tokens-surge-to-137m-in-market-value/

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