"During the peak transaction fee times over the past month, our example transaction would be dust even for .001 BTC. That’s a little less than $50 at current market conditions. This feels incredible. 100,000 sats suddenly turned into dust. Gone. Unusable. This is terrifying."
~ Joe Rodgers
While we have a short respite from the crazy fees that have hit the Bitcoin world recently, there couldn't be a more important time to discuss the cost of moving UTXOs and just how to manage your bitcoin balances so they don't get swallowed by high fees. Have you analyzed your bitcoin balances and transactions to know where you stand? Have you consolidated your weekly purchases? Don't let your bitcoin turn to dust, listen to today's episode to learn how to protect yourself.
Check out the original article at To Dust You Shall Return. (Link: http://tinyurl.com/kmuw7bn9)
Links to other things mentioned in the shownotes
Bitcoin Audible - Read_791 - Rethinking Lightning (Link: http://tinyurl.com/3j8yke2d)
Guest Links
- Joe Rodgers on X (Link: https://twitter.com/_joerodgers)
- Joe Rodgers Website (Link: https://jrjr.meme/)
Host Links
- Guy on Nostr (Link: https://tinyurl.com/yc376bff)
- Guy on X (Link: https://twitter.com/theguyswann)
- Bitcoin Audible on X (Link: https://twitter.com/BitcoinAudible)
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“The reason most people fail instead of succeed is they trade what they want most for what they want at the moment.”
~ Napoleon Bonaparte
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