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Semur
@semur
Low Fees Are A Symptom Of Deeper Problems People tend to see low fee environments as a positive thing, a time to save money on using bitcoin. They are not. People tend to celebrate periods of low feerates. It’s time to clean house, consolidate any UTXOs you need to, open or close any Lightning channels you’ve been waiting on, and inscribe some stupid 8-bit jpeg into the blockchain. They’re perceived as a positive time. They are not. We have seen explosive price appreciation the last few months, finally hitting the 100k USD benchmark that everyone took for granted as preordained during the last market cycle. That’s not normal. https://bitcoinmagazine.com/takes/low-fees-are-a-symptom-of-deeper-problems
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