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Blockstream CEO: High Gas fees have driven the adoption of Bitcoin Layer2 and spurred innovation

Blockstream CEO: High Gas fees have driven the adoption of Bitcoin Layer2 and spurred innovation

Bitget2023/12/17 03:38

Blockstream's CEO stated on social media that it is impossible to stop JPEGs on Bitcoin, and complaints will only generate more. High gas fees have driven the adoption of Bitcoin Layer2 and promoted innovation.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Current mainstream CEX and DEX funding rates indicate the market is returning to neutrality after a rebound.

The total net inflow of spot Bitcoin ETFs yesterday was $90.605 million, with none of the twelve ETFs experiencing a net outflow.

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