You can see here that the the average fee for a transaction that was confirmed in the last block was 140 sats/byte ; this space keeps quoting 100 sats/byte as if that's anywhere near accurate and it isn't.
Running Down the MathAverage transaction (P2PKH), is at least 160 bytes (one input - one output); that's in a perfect world, which we don't live in, so let's assume an average of about 250 bytes.
If there is a 140 sat/byte fee, then we need to do 140*250 to get 35000 sats. There are eight places after the decimal for Bitcoin, so this is 0.00035000 $BTC ; $BTC = $56.7k*0.00035 = $20 at least, on the average ; a recent transaction this channel sent was 330 bytes, so to even have a remote shot of getting confirmed within a block that's $26 at that point.
Few outlets seem to be capable of displaying this truth to users.
