Check out show sponsor Coinkite: https://coinkite.com/
Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/
This is the sixty-fourth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.
Contents
00:00 Intro
00:35 Daily average transaction fees (in dollars)
01:23 Brief history of the chart
06:44 Taproot brought other use cases to BTC network
07:51 Doesn't change the fact: BTC is BASE MONEY
13:30 Layered protocols / Off-chain scaling is different
15:26 Conclusion on base money
Here I look at the average daily transaction fees, in US-dollar terms, for the Bitcoin protocol over its lifetime. Even with the explosion of Ordinals onto the scene these days and the demand for transaction-inclusion (block space) increasing, it does not change the fact that on-chain, mainnet bitcoins - UTXOs - are base money!
Host: Matthew Mezinskis
https://porkopolis.io
https://twitter.com/crypto_voices
Show content is not investment or financial advice in any way.
Logical Fallacies in the Hunt for Satoshi
Decentralization: Why Dumb Networks Are Better
A short Bitcoin commentary on “Deflation and Liberty”
Bitcoin Explained Like You're Five: Part 4 - Securing Your Wallet
Bitcoin Explained Like You're Five: Part 3 - Cryptography
Bitcoin Mining Explained Like You’re Five: Part 2 - Mechanics
Bitcoin Mining Explained Like You’re Five: Part 1 - Incentives
Why blockchain won’t disrupt banks first
Blockchain and open data: how could it work?
Top 10 Conceptual Questions About Bitcoin
Design Thinking for Cryptocurrency Education
Cryptocurrency for Dummies: Bitcoin and Beyond
A Victory for Bitcoin Users
Data Democracy
Rex - The decentralized MLS
Introducing R3 Corda™: A Distributed Ledger Designed for Financial Services
Why Financial Regulators are Warming to Blockchains - And Rightfully So
Money, Bitcoin & Monero - A fungible currency
The Unstoppable Blockchain
Designing for Success
Create your
podcast in
minutes
It is Free
The Covert Narcissism Podcast
Greece Travel Secrets Podcast
That Park Life: a Disney World Podcast
Stuff You Should Know
Timcast IRL