PANews reported on February 17th that Michael Saylor, founder of the Bitcoin treasury company Strategy, stated on the X platform that during bank holidays, BitcoinPANews reported on February 17th that Michael Saylor, founder of the Bitcoin treasury company Strategy, stated on the X platform that during bank holidays, Bitcoin
Michael Saylor: Bitcoin's on-chain fees remain low more than a decade later, and concerns about "block size" have been unfounded.
PANews reported on February 17th that Michael Saylor, founder of the Bitcoin treasury company Strategy, stated on the X platform that during bank holidays, Bitcoin can still be transferred to any location globally for any amount within minutes, with transaction fees of approximately $0.44 (about 1 sat/vB). During the previous "Blocksize Wars," the market widely worried about a scalability crisis for Bitcoin. However, more than a decade later, Bitcoin's on-chain transaction fees remain low, and network bandwidth resources are sufficient. This result once again demonstrates that market mechanisms and technological innovation are often more effective than administrative emergency intervention in solving systemic challenges.
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