You are viewing a single comment's thread from:RE: LeoThread 2023-05-08 18:19View the full contextmilaan (69)in LeoFinance • 2 years ago For the first time in Bitcoin history, miners earned fees(6.75 BTC) more than the Block reward(6.25 BTC). #btc
The ordinals are making it expensive. Once again, Bitcoin showing it is not the network that can handle the traffic.
It is amazing how well Hive is designed (and optimized).
Yes, in terms of use-case and applicability, it has limited scope. It is confined to store-of-value by and large.
Well the value really didnt hold up over the last 18 months. This could change but I think Bitcoin is simply like other assets, up and down based upon market activity and biz cycle.
For this it was only necessary that the fees were absurdly expensive lol