PE64: Ordinals, et al... Bitcoin still BASE MONEY
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.
-
1:43:19
The Nima Yamini Show
2 hours agoMilo Yiannopoulos X Nima Yamini
18.1K14 -
2:11:25
Robert Gouveia
7 hours agoJack Smith in DANGER; Bragg's BIG Sentencing PROBLEM; Classified Docs DISMISSAL Fight
44.2K58 -
59:41
The StoneZONE with Roger Stone
10 hours agoKash Patel Joins Roger Stone To Talk About The Best Week In Donald Trump's Life | The StoneZONE
29.9K30 -
56:42
Edge of Wonder
7 hours agoIs Japan’s “Atlantis” Yonaguni Monument Man-Made? New Evidence Emerges
29.8K7 -
15:00
CarbonTV
19 days agoDECIVILIZED - CAMP LIFE
40.1K15 -
54:46
RealitySurvival
3 hours agoWW3 Has Begun! Global Prepper SITREP - Russia and China and Iran Oh MY!
23.7K7 -
2:08:32
Quite Frankly
10 hours ago"Declaration Day & Wide Open Lines" 7/2/24
33.1K16 -
59:47
Stephen Gardner
6 hours ago🔴 Ex-CIA: Putin THREATENS Biden after US Guided Attack on Russia - Ukraine messed up!!
46.3K115 -
2:04:30
vivafrei
10 hours agoSCOTUS Immunity Ruling! Dems in Full Projection Mode! Biden Has Always Been Evil AND MORE! Viva Frei
95.5K197 -
1:16:11
Andy Frisella
11 hours agoHow The Debate Debacle Could Impact Voters - Ep 736 CTI
36.2K3