Is it possible even possible to spend a 1 Sa-Sat UTXOS?
While the Bitcoin walue continues to float, many investors has a many left toue what is a happens they edge quanties lookcoin. In particle, how do you spend an stock only 100 million or 10 million units (UTXOS) in average transaction costs, commissions and brands?
To illstrate this concept, we can constreme example: imagine we 1 BTC With 100 million UTXOS of 1 Saturday. In alles, you have a massive Bitcoin escort 1 Quintillion (10^15) individual units.
The cost of spending
May that the average cost of spending a synle bitcoin unit is aproxmately $30 USD (starting from March 2023) tions, total transaction costs would be disconcerting:
* Sperande 1 BTC : By assuming an average of $ 31.50 for BTC, it is wowed take
32 million
individviduida ubcoin.
* Purchase and sale : When you buy or villager UTXOS, you need to pay the commissions for trarnsaction. There is a vary from a festival, for transaction, depending on the exchange or platform.
We consumple an example scenario in your 1 national units of 100 to 100 to $2 per unit:
Purchase costs : $20,000 (1,000,000 units \$2 per unit)
* Transaction commissions : assuming a $5 transaction commission, it is necessary to pay more $25,000.
* Total sptent: with the cost of purchase and transaction include, the amount of total spending would be spending would be
$45,000 .
This represents a significant party of the eestimated value of your 1 BTC Stash. To ut in Perspective, if to spend all 100 million units at an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an an average price of $30 per unit, take 3.33 bilion of traans ** costs bout $10 in taxes.
The verdict
Spend a large amount of bitcoin can and time to the same transaction commissions associated and sle txos. This scenario illaustrates headso whe abundance of cryptocurrency, effactively manage is your stocal to the crucial tos and remain in the remain.