Damus
Wicked · 60w
How does it make you feel knowing that over half of the current bitcoin UTXOs are worth 1,000 sats or less? https://m.primal.net/NSEZ.jpg
ZimFox profile picture
Surprising but Good !

Now assume 1M USD BTC - a 1000 sat UTXO is worth 1/ 100,000 of a million USD = 10 bucks

We want billions of people to have 10 USD (equivalent) - this can only happen if money is more evenly distributed - from the banks and major institutions to the plebs (billions of them)

A low median UTXO value is evidence that Bitcoin is redistributing wealth - it is a good thing !
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Alex · 60w
And a fee rate of 10sat/vb renders all these UTXOs worthless