PANews February 17 News, Michael Saylor, founder of Bitcoin treasury company Strategy, posted on X that during bank holidays, Bitcoin can still transfer any amount to any location worldwide within minutes, with transaction fees of approximately $0.44 (about 1 sat/vB). During the previous “Blocksize Wars,” the market generally worried that Bitcoin would face scalability issues. However, more than a decade later, on-chain transaction fees for Bitcoin remain low, and network bandwidth resources are sufficient. This outcome again demonstrates that market mechanisms and technological innovation are often more effective than administrative emergency interventions in solving systemic challenges.
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