Transaction costs to use Bitcoin have been very high over the last several days, and a lot of people expect that they’ll only go up as billions more people use Bitcoin. Will you still use Bitcoin as transaction costs increase?
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By the way, don’t forget to check out my article from yesterday on the topic above!
Listen now (4 min) | Dear Readers, For most of Bitcoin’s lifetime, it has been relatively cheap to send a transaction across the blockchain. Payment processors commonly charge around 3% for domestic transactions, and upwards of 10% when sending money internationally. And yet, Bitcoiners can often use the network for less than $1 USD per transaction.
Litecoin mining fees remain at about $0.
Does Litecoin have high ordinals activity like Bitcoin does?
I’m not sure either if BRC-20 has been recreated on Litecoin.