Stephan Livera Podcast cover image

SLP370 Alex Thorn - Why Are Bitcoin Fees Low? 

Stephan Livera Podcast

00:00

Bitcoin Transaction Fees

In 20 22, the mean transaction fee in sats per bite is about one satoche its. This is basically the lowest it's been since 20 17 in dollar terms. And that's really interesting, because for so long there have been so many debates about what is the appropriate level of fee. But i think we're gong to go into this, but just a list here writes saguid adoption exploded. I mean, up 15 % to its highest ever transaction batching,. which had already been elevated a since 20 20 or so wrihtin june 20 21. It sort of peaked in mid-20 19 and then literally, you know, no activity on the network

Play episode from 05:38
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app