Quote from: Arghhh on March 13, 2015, 04:38:45 AM

And from the creator himself:

The bandwidth might not be as prohibitive as you think. A typical transaction
would be about 400 bytes (ECC is nicely compact). Each transaction has to be
broadcast twice, so lets say 1KB per transaction. Visa processed 37 billion
transactions in FY2008, or an average of 100 million transactions per day.
That many transactions would take 100GB of bandwidth, or the size of 12 DVD or
2 HD quality movies, or about $18 worth of bandwidth at current prices.

If the network were to get that big, it would take several years, and by then,
sending 2 HD movies over the Internet would probably not seem like a big deal.

Satoshi Nakamoto

Covered that one already:

Quote from: danielpbarron on January 31, 2015, 07:16:10 PM

Quote from: Mircea Popescu http://trilema.com/2015/lets-address-some-of-the-more-common-pseudo-arguments-raised-by-the-very-stupid-people-that-like-the-gavin-scamcoin-proposal/

IV. Satoshi himself envisioned much larger blocks.

The discussion of what "Satoshi himself" did or didn't do, meant or didn't mean, so on and so forth is about as interesting and discussing the Mormon "bible".

This is called "arguing to authority", and it tries to give pecuniary value to that only truly worthless article of all times and places : the esteem of the mob. This may work well in electing United States presidents, ensuring that "while the voting public knows best what it wants, it deserves to get it long and hard". Bitcoin specifically and deliberately does not work in this way.

Bitcoin is not a reflection of your hopes and aspirations, but a check on them. Bitcoin isn't here to make it easier for you to do what you want to do ; Bitcoin is here to make it trivial for others to prevent you from doing what you want to do every time that's stupid. The sooner you comprehend this fundamental difference between Bitcoin and "technology" especially in the "revolutionary & innovative" subsense of that nonsense, the better, for you.

Quote from: Arghhh on March 13, 2015, 04:40:39 AM

Worrying about the Bitcoin network's limit based on today's bandwidth limit is like worrying about torrenting Blu-rays in the days of dial-up.

So let's change the limit.. before the bandwidth catches up to it? Wouldn't it be prudent to wait until bandwidth is actually increased? Or hard drives are actually cheaper? Not that I think the limit ever needs to rise, but shouldn't that be a concern to you?