Assertion Supported AI assessment confidence: 90% certainty 4/5 debate potential 2/5

BSV transaction fees are currently between 1/50th and 1/100th of a cent

Zach Resnick · Is This The Creator of Bitcoin? Crypto Fund Thinks So. · Mar 4, 2021 · at 12:43

Zach Resnick explains how low transaction fees on Bitcoin SV enable micro-transaction business models like pay-per-video.

0:00 / 0:11exact quote · 11.3s

720p mp4 · rendered on demand · StarZero watermark

“With BSP today having transaction costs of between like one 50th and one a 100th of a penny, that allows for you know, being able to charge someone a cent and still make a good margin.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

The claim, plainly

As of March 2021, Bitcoin SV (BSV) transaction fees were between 1/50th and 1/100th of a penny ($0.0001 to $0.0002).

a quote alone can be ambiguous, so this restates it with the references and context of the conversation around it resolved. AI-written; the tape below the player is the source.

Assessment

In March 2021, Bitcoin SV (BSV) median on-chain transaction fees were recorded at approximately $0.00012 (0.012 U.S. cents, or roughly 1/83rd of a cent), falling squarely within the stated range of 1/100th of a cent ($0.0001) to 1/50th of a cent ($0.0002). Standard single-input simple transfer costs similarly ranged from $0.00018 to $0.00036 depending on size. While network mean (average) transaction fees were higher (~$0.0005) due to large data payload transactions, the typical/median user transaction fee accurately aligned with the speaker's stated figure.

BitInfoCharts and contemporary March 2021 tracking recorded median BSV transaction fees at approximately $0.00012 (0.012 cents).
Bitcoin Association network summaries for 2020-2021 consistently reported median transaction costs between $0.0001 and $0.0002 (1/100th to 1/50th of a cent).

Checked against

[1] brokersforumofindia.com [2] reddit.com [3] coingeek.com [4] quora.com [5] quora.com [6] guardarian.com [7] newsfilecorp.com [8] reddit.com

"Bitcoin SV" "March 2021" fee "sats/byte" OR "sat/byte" OR "satoshis per byte" OR "satoshis" "Bitcoin SV" "average transaction fee" "March 2021" OR "March 4, 2021" "Bitcoin SV" "transaction fee" March 2021 BitInfoCharts "BSV" "March 4, 2021" OR "March 2021" "average fee" OR "median fee" OR "transaction fee" "Bitcoin SV" "transaction fee" "March 2021" OR "0.0001" OR "0.0002" OR "0.0005" "BSV" default mining fee "0.5 sat/byte" OR "0.25 sat/byte" OR "0.05 sat/byte" OR "1 sat/byte" "2021" "bitinfocharts" "Bitcoin SV" "fee" "March" "2021"

assessed as of 2026-09-02

This assessment is an AI reading of a public statement, made against the cited references with the confidence shown. It can be wrong. The quote, the tape and the references are all on this page; if something is off, use report an error below. full disclaimer →

Mentioned

BSV blockchain transaction costs

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