Did you know that some of your bitcoin might become unspendable and essentially worthless in a high fee environment? Did you know that as more people adopt bitcoin we can expect these fees to spike?
Not many people understand this, so I made a video to explain it all.
This video guide covers the following:
- What is a bitcoin UTXO?
- Why small bitcoin UTXOs can become worthless in high fee environments
- Why you need to manage your UTXOs
- How to prepare your UTXO set for high fee environments
- How to consolidate / mix UTXOs
- Privacy implications and considerations
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