EPISODE · Oct 2, 2023 · 23 MIN
Old Man Yells! Episode 3 - Fee and Transaction Explosion
from Old Man Yells! · host OLD MAN YELLS!
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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Old Man Yells! Episode 3 - Fee and Transaction Explosion
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