PE77: Bitcoin fees still skyrocketing???

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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.