Check out show sponsor Coinkite: https://coinkite.com/Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/This is the sixty-fifth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.ContentsHere I look at the average daily transaction fees, in US-dollar terms, for the Bitcoin protocol over its lifetime. Even with the explosion of Ordinals onto the scene these days and the demand for transaction-inclusion (block space) increasing, it does not change the fact that on-chain, mainnet bitcoins - UTXOs - are base money!In addition, we will roll these transaction fees, over an entire year (trailing 12-months or trailing-365 days), and see how much of a % these fees make up of total miner revenue. Remember, the other (much larger, at present) component of mining revenue is the block reward, or the issuance of new coins.Prior videos with further info:TTM fees: https://www.youtube.com/watch?v=a06LVI-BrSUTTM issuance: https://www.youtube.com/watch?v=nXQIi3JWrccTotal TTM revenue (BTC): https://www.youtube.com/watch?v=IOmdRTWO6foTotal TTM revenue (USD): https://www.youtube.com/watch?v=E_FZSRGPb3wHost: Matthew Mezinskishttps://porkopolis.iohttps://twitter.com/crypto_voicesShow content is not investment or financial advice in any way.