At this rate it wouldn’t matter. Most people wouldn’t want to use their BTC to buy stuff – BTC is far too valuable now
Calm_Voice_9791 on
the lower fees are bullish for bitcoin adoption
coinfeeds-bot on
tldr; Bitcoin’s minimum transaction fee rate has been reduced by 90% to 0.1 sat/vByte due to decreased network activity. This drop reflects lower demand for blockspace, prompting miners to accept cheaper fees to process transactions. While some see this as a positive development for affordability, others argue it highlights Bitcoin’s shift from a payment system to a store of value. The debate continues over Bitcoin’s primary use case, with some advocating for its adoption in everyday transactions to ensure long-term relevance.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Every_Hunt_160 on
Whatever makes my bags go up is a good thing
MichaelAischmann on
Is the minimum fee part of the consensus? I always thought users decide the fee & economics determine the rest?
bitcoiner21 on
Lighting network solves the issue of fees for small everyday transactions
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At this rate it wouldn’t matter. Most people wouldn’t want to use their BTC to buy stuff – BTC is far too valuable now
the lower fees are bullish for bitcoin adoption
tldr; Bitcoin’s minimum transaction fee rate has been reduced by 90% to 0.1 sat/vByte due to decreased network activity. This drop reflects lower demand for blockspace, prompting miners to accept cheaper fees to process transactions. While some see this as a positive development for affordability, others argue it highlights Bitcoin’s shift from a payment system to a store of value. The debate continues over Bitcoin’s primary use case, with some advocating for its adoption in everyday transactions to ensure long-term relevance.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Whatever makes my bags go up is a good thing
Is the minimum fee part of the consensus? I always thought users decide the fee & economics determine the rest?
Lighting network solves the issue of fees for small everyday transactions