Crypto Voices

PE77: Bitcoin fees still skyrocketing???

Check out show sponsor Coinkite: https://coinkite.com/ Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/ This is the seventy-seventh video installment from Porkopolis Economics, c...

2023-06-30

Episode notes

Check out show sponsor Coinkite: https://coinkite.com/


Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/




This is the seventy-seventh video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.




Contents


00:00 Intro


00:12 All-time daily avg. fees ($)


01:02 BTC fee spike in May


03:40 TTM block reward % of total


07:32 Overall fee trend low % of total




Here I review again the Bitcoin fee pressure which occurred in early May 2023, due to the Ordinal, BRC-20, and NFTs on Bitcoin hype. It seems like a flash in the pan so far, but what about the overall trend when looking at the block reward/new coins vs. these fees?




Prior videos with further info:


https://www.youtube.com/watch?v=kFvIRWxrjh0


https://www.youtube.com/watch?v=WnIO9QfLFXQ




Host: Matthew Mezinskis


https://porkopolis.io


https://twitter.com/crypto_voices




Show content is not investment or financial advice in any way.