Post
Topic
Board Bitcoin Discussion
Re: Ouch, today someone made a transaction with over $500k fee.
by
o_e_l_e_o
on 19/09/2023, 19:33:37 UTC
If you sold a car to your friend and they accidentally wired you $20k instead of $10k, you wouldn't use "other people make mistakes and lose money permanently" as an excuse, you would send it back (I hope).
That's a different scenario. We will have agreed on a price in advance, so it is clear what you sent was a mistake.

If I pay 100 sats/vbyte in fees, is that clearly a mistake? What about 200? 500? The last block contained two transactions paying over 1,000 sats/vbyte in fees, when 40 sats/vbyte would have been sufficient. Should the miner refund those transactions? Or indeed, should they refund every transaction which paid more than what was necessary?