Quote from: adworker on March 14, 2015, 04:20:41 PM

Quote from: danielpbarron on March 14, 2015, 04:02:48 PM

We'll see it start to do much now that the limit is actually being reached. In the process of syncing the block chain, the first three fourths of the blocks take up one third of the hard drive space; that means one fourth of all the blocks take up two thirds of the disk space. Thanks to the limit, these ratios will begin to even out.

You forget to say once the limit is reached, Bitcoin popularity (crypto market share) will start to decline pretty fast. Basically only limited transactions can be included in the block, if more transactions are required by users, some have never to be included. Basically it will be easier to use different coin than feeling the hours/days/never confirmed transactions pain with 1MB Bitcoin Sad

Popularity among who? Maybe the redditarded change tipping hammer lickers won't be interested anymore, but I don't see the future market makers of the world shying away just because they have to start paying a fee to use censor-proof inflation-proof perfectly fungible money.

If it's "easier to use different coin" then go do that; we won't miss you. Actually that's what USGavin is proposing anyway; the fork creates an altcoin.

Quote from: R2D221 on March 14, 2015, 04:29:34 PM

Quote from: danielpbarron on March 14, 2015, 04:02:48 PM

We oppose this fork primarily because we see bitcoin as a challenge to bad money and bad governments. We don't see bitcoin as a fancier way to do the same old things. As it runs now, bitcoin is exactly what we want. As it runs now, bitcoin is sound money that governments cannot control. Yes, that means the poor will not have easy access. No, that's not a problem; nice things are not for the poor. Nice things have a cost, and poor people can't pay by the very definition of them being poor.

They don't have to all be poor though! Being a billionaire has never been so cheap as it is today! 10 bitcoin is 1 billion satoshi (the true unit of account recorded in blocks). That's like 3k USD right now.

First you say that Bitcoin is not for the poor, but then you say that it's very easy to be not poor. So, while not technically a contradiction, this leads to the conclusion that Bitcoin is for everyone (which contrasts with Bitcoin is not for the poor). So, which is it?

Also, saying that Being a billionaire has never been so cheap is just oxymoronic, unless your definition of billionaire doesn't actually involve being rich. If it's so, then being a billionaire isn't actually impressive or something that people would want or desire.

There is an apparently contradictory statement in my post, but that wasn't even it. As everyone tries to buy their billion satoshi, the price will rise and it will become difficult. So it is not for everyone, and it is not a contradiction.