3min chapter

Swan Signal Live - A Bitcoin Show cover image

Lyn Alden: Bitcoin's Energy Usage Isn't a Problem. Here's Why.

Swan Signal Live - A Bitcoin Show

CHAPTER

Bitcoin - Base Layer Transactions

Base layer transactions will become increasingly used for settlement transactions. Swan Bitcoin is optimized for automatic, recurring purchases and one-time buys. If transaction fees are averaging $50 for the base layer, those small transactions would be better with lightning. Ultimately, Bitcoin is comparable to Fedwire, as a massive settlement network that can do about five transactions per second.

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