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Michael Saylor, Founder of Strategy: Bitcoin Has No Garbage Transaction Issues
Michael Saylor, founder of Strategy, stated that after ten years of concerns about insufficient block space and debates over non-monetary uses, Bitcoin still has no garbage transaction issues. Currently, the Bitcoin network transaction fee is about 1 sat/vB, allowing anyone to quickly transfer any amount of Bitcoin globally at a cost of approximately $0.3. The market's free mechanism continues to address block space challenges by allocating scarce resources through price signals. Source: Public Information
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