Keep memeing bro, the fork won't stunt decentralization as i have said before because by the time the blocks reach 20mb the storage space on the average computer will scale with it.
Cool story, why does the decision have to be made now though?
Because it'll be harder to achieve consensus later? That would simply mean the fork wasn't really needed in the first place.
If the fork is actually necessary in the future it should follow that at that point consensus will be easier to achieve?
This seems to be quite a fair point actually..
If bitcoin couldnt resist/adapt the increasing number of transactoins, then everybody would agree to raise the limit, or else everybody loose.
This would even give us extra time to investigate further and plan several possibilities so we get this right
losing what?
Well i guess everything, alienating the blockchain, making your investment unaccessible or worthless, as in some sort of doom upon bitcoin globally.
Nobody here would want that right?
I just dont buy the sooner than later thing, rushing and taking the risk of splitting the community.
Why would someone bad intended with a lot of money agree to let your microtransactions happen? He could fill the blocks easily and he could be against raising the limit by owning/renting a lot of mining hashpower. What will you do then when your transaction will require an absurd transaction fee to get propagated?
Well for a starter, people investing in large facilities wouldnt want bitcoin to fail, obviously. So they'd oblige.
Secondly, if the transaction fee gets too high, i guess i'll just have to wait for bitcoin's value to be worth it.
In any case im not planning in spending my bitcoins now, and especially not for frappuccinos..