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Rabbit Hole Recap #242: CashApp Users Bought Over $7B in Bitcoin Last Year

Rabbit Hole Recap

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Is There a Backlog in Bitcoin?

I would put the likelihood on decreasing the block size being higher than raising it. At some point, we're gonna hit a point where they'll always be a backlog. And a fee market will develop. If people want to get in, they will have to pay higher fee. I'm extremely bullish on Bitcoin, so I expect this to happen. What do you want to bet? Two mempool clears by the end of the year. So just another clear? No, two more. or two more. Or, well, we'll have to be a caveat. We have to define clear.

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