Old Man Yells! Episode 3 - Fee and Transaction Explosion

Episode 3 of the Old Man Yells! podcast, hosted by OLD MAN YELLS!, titled "Old Man Yells! Episode 3 - Fee and Transaction Explosion" was published on October 2, 2023 and runs 23 minutes.

October 2, 2023 ·23m · Old Man Yells!

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Summary

In this episode Bob explores the recent explosion in Bitcoin fees. This includes a discussion of what these means for Bitcoin Mining revenue and the lessons that we can learn. Especially important are that it could shift a change in hosting space availability and mining server prices, that it gives us a great lesson in the power of scarcity, and that it busts the FUD surrounding the long term security of the network as the Bitcoin subsidy declines.

Episode Description

In this episode Bob explores the recent explosion in Bitcoin fees. This includes a discussion of what these means for Bitcoin Mining revenue and the lessons that we can learn. Especially important are that it could shift a change in hosting space availability and mining server prices, that it gives us a great lesson in the power of scarcity, and that it busts the FUD surrounding the long term security of the network as the Bitcoin subsidy declines.

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