Broader Crypto Update: Bitcoin

Broader Crypto Update: Bitcoin

in this week’s broader crypto update the
Bitcoin having has passed and runes and
ordinal have dominated the chain spiking
average fees to a record high level of
$128 worth of bitcoin per transaction
one transaction in particular cost 2.4
million in Bitcoin fees total Bitcoin
fees usurping ethereum for the last 6
days for those who don’t understand
runes and ordinals simply said they are
tokens and nfts on bitcoin when it
wasn’t meant to support such activities
this is a clear example of how going to
where people are is valued more than the
best technology for the activity the
question is if sooner or later the pain
and frustration of using inappropriate
Solutions will drive people to
infrastructure and tools specifically
designed to handle these tasks we can
only hope

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