nick on Nostr: Accounting for the run up in 2017, 2021, and ordinals of 2023-2024 we’ve had 294 ...

Accounting for the run up in 2017, 2021, and ordinals of 2023-2024 we’ve had 294 days with a median bitcoin transaction fee of over $5.

Where do you count the start of the Bitcoin network? Someone used it to buy pizza 5/22/2010. Using that as a starting point, median bitcoin fees have been below $5 for ~95% of its life