Thursday, February 29, 2024

Someone just sent $1.15B in Bitcoin

By DAC000 , in Bitcoin , at October 26, 2020 Tags:

for a transaction fee of $3.54. Single tweet, nice thread, read it for as long as it goes on.

The Blockchain data for this transaction can be viewed here. Notice the actual transaction was about $500M, the remainder went to a change address.

Comment: how can incumbents compete? THEY CAN’T, so I fully predict a regulatory onslaught which will attempt to force hodlers into “approved” Cryptocurrencies.