nostrnaut on Nostr: “but why 0.7 BTC UTXOs?” since we all have lizard brains that put arbitrary value ...
“but why 0.7 BTC UTXOs?”
since we all have lizard brains that put arbitrary value on unit bias, this entity is - most likely - anticipating a future where transacting these UTXOs will be so fee-intensive, the recipient may “only” receive 0.5 BTC
this implies a 142,602.50 sats/vByte fee
😵💀🪦
an entity is paying >$12,000 to consolidate several 0.7+ BTC UTXOs, each!!
#fuckyoumoney note1trn…9nms
Published at
2024-06-07 16:23:34Event JSON
{
"id": "25eeabd44722bf18c476573ead57c10303673feedc4dae4e86763c445e9ddfec",
"pubkey": "2f02d76f09666ae076e65beb60ff195eb7f44b51c73147a6a37748bfabd60a7c",
"created_at": 1717770214,
"kind": 1,
"tags": [
[
"p",
"2f02d76f09666ae076e65beb60ff195eb7f44b51c73147a6a37748bfabd60a7c"
]
],
"content": "“but why 0.7 BTC UTXOs?”\n\nsince we all have lizard brains that put arbitrary value on unit bias, this entity is - most likely - anticipating a future where transacting these UTXOs will be so fee-intensive, the recipient may “only” receive 0.5 BTC\n\nthis implies a 142,602.50 sats/vByte fee\n\n😵💀🪦 nostr:note1j0qc9e8khr3vzjxup84rqa242z28y6fynv0xtu4uul7229sfxwcq90ztvn",
"sig": "7e81b414d7300c0071127c96bd81e0b3e406ffe94e7234f157deeea5da048ebc00b8f453b2d8cebded5ebd7d5588896c8d673fb161a0bf78b320e895dc1963fe"
}
