
What are Bitcoin NFTs?
Bloomberg Crypto
Why Bitcoin Was Left Out of All This?
As NFT collections got more popular, more people would be coming onto the space wanting to buy more. That rush of demand would push up the transaction fees on Ethereum because so many people were trying to do everything at once. So that led to very, very big spikes where, you know, if a piece of digital land in the suburb of 2022 would cost, I don't know, $3,000, you were probably paying more than that in just the transaction fees to mint the token for your NFT. And all this was happening onthereum, and it wasn't happening on the biggest blockchain, it wasn't doing anything on Bitcoin. Why was Bitcoin left out of all this?
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.