Health Ranger on Nostr: BITCOIN IS BROKEN. Average transaction fee is now over $30 per transaction. UNREAL. I ...
BITCOIN IS BROKEN.
Average transaction fee is now over $30 per transaction.
https://ycharts.com/indicators/bitcoin_average_transaction_feeUNREAL. I can wire money from a bank for less.
400,000+ transactions are jammed up in the mempool. Binance had to halt BTC withdrawals. Twice.
Bitcoin also has zero privacy at its core.
So Bitcoin is SLOW, expensive and offers no privacy. What's not to like?
Maybe they shouldn't have start pumping the BTC blockchain full of ordinals?
Published at
2023-05-09 06:02:05Event JSON
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"content": "BITCOIN IS BROKEN.\n\nAverage transaction fee is now over $30 per transaction. https://ycharts.com/indicators/bitcoin_average_transaction_fee\n\nUNREAL. I can wire money from a bank for less.\n\n400,000+ transactions are jammed up in the mempool. Binance had to halt BTC withdrawals. Twice.\n\nBitcoin also has zero privacy at its core.\n\nSo Bitcoin is SLOW, expensive and offers no privacy. What's not to like?\n\nMaybe they shouldn't have start pumping the BTC blockchain full of ordinals?",
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