RE: Bitcoin Hits 55k! | Let’s check the activity on the blockchain? | October 2021
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Well there you go ... people use exchanges :)
As mentioned its proably some mix, more institutions, more custodial wallets etc
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It might be the case. Last week I had a little conversation with younger coworker. He was amazed I use something like a software wallet (dogecoin). He asked me weird questions.
"What is the fee when I create account on this wallet?"
"What is the fee when I withdraw?"
I was stunnned.
Yea people use to the old standards.
Although eth fees might surprise some :)