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CD101: Mempools and Transaction Fees with the Mempool Space Team - Wiz, Simon, and Steve

Citadel Dispatch

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The Importance of Low Fees in Bitcoin

It seems like everyone goes through the same mistakes and a lot of people are using even custodial wallet providers to have figured it out. It's interesting to see how many players in the Bitcoin space that think that we're going to have low fees forever. And then when the fees just raise, it gets raised a little bit, they get hammered and their service just stops working. But then they learn their lesson because they touch the stove.

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