Read_801 - To Dust You Shall Return

February 19, 2024 00:44:19
Read_801 - To Dust You Shall Return
Bitcoin Audible
Read_801 - To Dust You Shall Return

Feb 19 2024 | 00:44:19

/

Hosted By

Guy Swann

Show Notes

"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


Host Links


Check out our awesome sponsors!


“The reason most people fail instead of succeed is they trade what they want most for what they want at the moment.”

~ Napoleon Bonaparte

--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

January 03, 2019 00:44:28
Episode Cover

GuysTake_007 - Happy Birthday Bitcoin, Looking Back on 10 Insane Years

A look at the crazy past, the present, and the future of Bitcoin and where I think things are headed.  Bitcoin is here to...

Listen

Episode

July 13, 2021 01:19:02
Episode Cover

Read_542 - Sidechains for Scaling, Thunder Network [Paul Sztorc]

"Bitcoin (BTC, the currency) in its current form can scale – enough to process every txn in the world! It just needs the right...

Listen

Episode

November 17, 2023 01:47:56
Episode Cover

Ai Read_001 - A Gentle Introduction to Large Language Models

"Our first instinct when interacting with a Large Language Model should not be “wow these things must be really smart or really creative or...

Listen