Quote from: solex on June 20, 2015, 12:09:24 AM

Peter Todd's promotion of replace-by-fee scorched-earth is an attempt to keep the 1MB by the "back door", an attempt to realize the "Bitcoin as digital gold only for high-value transactions" dream. The effect of this change is to eliminate small purchases e.g. for cups of coffee, which require a workable zero-conf environment. Buying a car where the parties can wait for block confirmations would still be fine. He says that "zero-conf never worked" yet BitPay's business model repeatedly proves this false, every hour of every day.

How unsurprising to see you so upset about a method of creating an actual market for transaction processing. What will the welfare bums do if without commies like you to make sure they have low-cost or free access under a highly subsidized exchange currency to buy their energy drinks (converted from fiat that came out of my pocket complements of the State's own transfer of wealth schemes.)

Quote from: solex on June 20, 2015, 12:09:24 AM

I summarize my feelings here with:
Bitcoin as digital gold only for high-value transactions is a castle built upon quicksand. Bitcoin as digital gold for all transactions, where fiat is normally used, is a castle built upon solid rock.

As soon as enough people can be squeezed, fungibility can be attacked by tainting. This would be trivial to do through the mainstream legal system entirely independent of the protocol, code, infrastructure operators, etc. The only necessary ingredient is a mass of sheep using the system so that a reasonable segment of the user-base is responsive to differential value attacks. Building this userbase is where you and cypherdoc come in handy.

Your solution for the core value foundation is not even built on quicksand. It's built on a completely imaginary cloud. The ONLY thing holding the disaster back at this moment is that the attackers are smart enough not to jump to soon and are giving you some time to do your work.