Why Crypto Transactions Cost Money! 🪙

Listen, a lot of people get frustrated by gas fees in crypto. But gas fees exist because block space is limited. If you don't understand block space, every block space can only process a certain number of transactions [music] at a time. So users compete for that space inside that next block. The more demand there is, the more expensive that space becomes. And that is why fees spike during bull markets and high activity. If you like information like this, you want to raise your crypto IQ. That is very much the motive of my channel. Underground Crypto livestream, 8:30 New York time, Monday through Saturday. Come check us out. [music] We'd love to have you and raise that crypto IQ, baby. Let's go.