Quote from: NxtChg on January 28, 2015, 12:58:07 PM

Quote from: danielpbarron on January 28, 2015, 12:38:02 PM

Quote from: NxtChg on January 28, 2015, 09:28:55 AM

If I am a miner, can't I create artificial scarcity by enforcing a soft limit? By simply not including transactions below my profitability threshold?

Sure, but you still have to validate, distribute, and store the large blocks of other miners. Also, full node operators that aren't miners will have no control over this soft-limit.

That's why it seems that the only working solution if we want to get a significant share of world's transactions, will be a system of relatively small number of full nodes, each of which is paid for its service somehow.

The disagreement seems to be whether we want a bigger share: should Bitcoin grow and gain more value by being more useful or forever stay at 7 TPS and be some sort of internal ledger for rich to settle their poker debts.

Your argument about rich vs poor is not completely honest, too. You still need utility, otherwise you can each write your balance on a piece of paper and put it in your safe.

If Bitcoin doesn't grow, its utility will be forever fixed and limited. If you are a rich person, you probably want your money to be used, invested, etc. What good is a niche currency for you then? Just buy gold. If you can't do anything useful with your money anyway, gold is perfect.

few full nodes = current central banking paradigm. we don't need another centralized solution.
those nodes could make any changes to the protocol because it is up to the miners which bitcoin fork to accept.
bitcoin is dangerously centralized even right now so i am quite horrified by these sort of suggestions!!

for some reason ppl here try to suggest that growing bitcoin means more and more transactions. but it it not really about the amount but rather the volume. VISA card is not good for buying a gum for $50 (many shops will simply refuse to accept the card because of a high transaction fee) and I don't think VISA is bothered with the lack of growth due to this fact.