1. what were the median fees 5 years ago when bitcoin was at 3k, and what is the median now at x10? any data in this, how to search?
2. does increased usd price equal more adoption aka real world trade transactions by default? the fees are still based on sats/vbyte and not usd/vbyte.. but maybe im missing something else..
3. can it all not balance itself out still when assuming once networth in usd gets bigger gradually and threshold to accumulate sats gets higher (=not per se more transactions)? is this assumption realistic?
matata
npub1rq…a2r93
2024-01-28 07:10:28
in reply to nevent1q…7q84
Author Public Key
npub1rq9x6sk86e8ccw2cm8gsm4dyz9l24t823elespupaxjnzdk026fsca2r93Published at
2024-01-28 07:10:28Event JSON
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"content": "1. what were the median fees 5 years ago when bitcoin was at 3k, and what is the median now at x10? any data in this, how to search? \n\n2. does increased usd price equal more adoption aka real world trade transactions by default? the fees are still based on sats/vbyte and not usd/vbyte.. but maybe im missing something else.. \n\n3. can it all not balance itself out still when assuming once networth in usd gets bigger gradually and threshold to accumulate sats gets higher (=not per se more transactions)? is this assumption realistic?",
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