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The Impact of Ordinals on Bitcoin Transaction Fees
The two big peaks were in the kind of final capitulation of the 2018 bear market, kind of Q4 of 2018. And then in the summer of 2021 was another huge peak. What's interesting about the use of ordinals here and kind of the men pool filling up and transaction fees increasing is this is not because of market volatility, right? This is not necessarily being driven by a negative event. It's actually being driven by what many people think is a positive event.