It's been a pleasure watching DP and Davout slap you forkers around all over this thread.
Which thread have you been watching?
An effective block size limit doesn't mean that some transactions get more expensive - it means all the transactions which are allowd to be process become more expensive and the rest are prohibited entirely (right up until Bitcoin becomes so completely unfit for purpose that it's abandoned entirely)
Abandoned entirely? There you go again, mongering DOOOOM without basis in fact to scare people into a panic so they will accept GigaBloat in haste.
This isn't scaremongering. If you still haven't understood the multiple posts explaining exactly what will happen when transactions don't make it into the blocks because they're full, then you need to learn how this system actually works. I'll repeat one of them in case:
If the userbase increases and blocks are full, the choices are as follows:- Pay an average fee and still wait for the next available block that isn't full (which will take longer and longer as more users join, even if you pay a fee)
- Pay an above-average fee and hope that it's more than everyone else is paying (and if you don't guess correctly, wait for the next block)
- Go off chain and hope that whoever you trusted doesn't run off with the coins
- Use another coin
Obviously the whales won't mind paying the above-average fee, but everyone else will be forced to introduce risk to their transaction. It will either be delayed, or if you go off chain, you have to place trust in a third party. Guaranteed security for them, risk for everyone else.
Start GavinCoin and let it try to compete with SatoshiCoin.
Yes, we will, that's why we're having a fork. Again, which thread have you been watching?
This is the the crux of the matter, and where the pro-bloat side lose the debate:
The true value that Bitcoin brings to the table is not "everyone gets to write into the holy ledger", it is instead "everyone gets to benefit from sane and non-inflationary financial instutions whose sanity and honesty are ensured by the holy blockchain".
No, that's where you lose the debate. Bitcoin's value is that everyone gets to write into the ledger and the fork will ensure that ideal is maintained. Why would anyone want to use a system that doesn't allow them to write into the ledger? A system that guarantees security for the few but forces risk and uncertainty onto the many? A system that won't process transactions quickly unless you're paying a huge fee? No one is going to settle for a second-tier service because a bunch of elitists think they're better than everyone else.