Tom Harding [ARCHIVE] on Nostr: 📅 Original date posted:2015-07-24 📝 Original message:On 7/23/2015 10:51 AM, ...
📅 Original date posted:2015-07-24
📝 Original message:On 7/23/2015 10:51 AM, Jorge Timón wrote:
> We know perfectly well that the system will need to eventually be
> sustained by fees.
Fee revenue can rise just as easily without increased BTC fee rates.
Two avenues that are just as effective: increased exchange rate,
increased number of fee-paying transactions. Neither of these avenues
benefits from increased "fee pressure" (scarcity of block space).
> I just disagree that changing a constant is a "scaling solution".
>
Nobody here thinks that. Even on Reddit, not very many people seem to
think that.
📝 Original message:On 7/23/2015 10:51 AM, Jorge Timón wrote:
> We know perfectly well that the system will need to eventually be
> sustained by fees.
Fee revenue can rise just as easily without increased BTC fee rates.
Two avenues that are just as effective: increased exchange rate,
increased number of fee-paying transactions. Neither of these avenues
benefits from increased "fee pressure" (scarcity of block space).
> I just disagree that changing a constant is a "scaling solution".
>
Nobody here thinks that. Even on Reddit, not very many people seem to
think that.