That got me thinking, Ordinals could be used for making money laundering transactions, because if a bunch of exchanges let you access the same collection(s) that you bought, you can just buy them on one exchange, and then sell them on another exchange and it will basically be treated as clean money for forensic purposes.
In my mind it works the same as art: part money laundering, part hoping that someone else is going to pay more for it.I'm not sure how money laundering through miners would work, but if they get several Bitcoins in fees per block, that adds up to 10 million dollars per day or more.
"High Priority" did go from like 100 something to 300 in just matter of minutes. Then down to 150 again still in just minutes and now up to 265.
~what do you think is the reason for this?
Look at Johoe's graph: if a block gets found, fees drop. If a new block takes long, fees go up. It's the same as it was in 2017: too many automated system automatically increase fees. They're all competing for the scarce block space. ~what do you think is the reason for this?
