Bitcoin's Global Transfer Capability Highlighted by Strategy Founder

Bitcoin Treasury company Strategy's founder, Michael Saylor, recently highlighted on the X platform that Bitcoin can be transferred globally within minutes, even during bank holidays, with transaction fees around $0.44. According to PANews, this capability underscores Bitcoin's efficiency and scalability. During the past 'Blocksize Wars,' there were widespread concerns about Bitcoin's scalability. However, over a decade later, Bitcoin's on-chain transaction fees remain low, and network bandwidth resources are ample. This outcome demonstrates that market mechanisms and technological innovation often address systemic challenges more effectively than administrative interventions.