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Banking Crisis & Crypto Adoption | Macro Monday With Dave Weisberger & Mike McGlone

The Wolf Of All Streets

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Bitcoin's Congested Network

Binance halting withdrawals to give people some context twice in the last 24 hours. BRC20 and ordinals, there's a hilarious tweet from zero hedge that says BTC selling off after people realize it makes for a poor ETH. I would tend to believe Binance that the network is massively congested and they basically just can't do this. It's not dissimilar to we've seen this before in crypto kitties or how it paralyzed the Ethereum network.

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