MaxHyperbolic on Nostr: Couple positives of the current #Bitcoin fee market: 1. Highest fees are still at ...
Couple positives of the current #Bitcoin fee market:
1. Highest fees are still at least five times cheaper than #FiatMoney bank wires.
2. Miners are taking in record fees that are approaching current block subsidy amounts. Incentive for miners to bring more machines online goes up; security goes up.
Published at
2023-05-07 14:44:48Event JSON
{
"id": "41fb0c4e256a1c13693250443bbd4861a398a89525354de78994a7d5379366e5",
"pubkey": "34701f4318c1637bc5aba90af93f8ffaf36b5a6870a46c9327ed40417e943a96",
"created_at": 1683470688,
"kind": 1,
"tags": [
[
"t",
"bitcoin"
],
[
"t",
"fiatmoney"
]
],
"content": "Couple positives of the current #Bitcoin fee market:\n\n1. Highest fees are still at least five times cheaper than #FiatMoney bank wires.\n\n2. Miners are taking in record fees that are approaching current block subsidy amounts. Incentive for miners to bring more machines online goes up; security goes up. ",
"sig": "ef92146a83b3a8a2209ed5a0e7cde243467836df90b3d79c176da899baadf2c175037dd15223a34627ff04977cdeea615435de1db53a5aa41dd3720eea802b3f"
}
