Post
Topic
Board Bitcoin Discussion
Re: Bitcoin 20MB Fork
by
RoadStress
on 02/02/2015, 12:38:43 UTC
Currently the fees are very, very, very far from being anywhere near of an amount sufficient to secure the network.
We're all having a free lunch right now, due to coins still being minted, but if that was to stop tomorrow, the network would be in an extremely shitty state.
It won't stop tomorrow dude, how much about bitcoin do you know?

You get fees up by allowing more fee paying transactions, not preventing them happening.  Imagine Apple selling $100k iPhones to 4,000 people.  Duh.

Good analogy! Sounds better than mine.