the congestion really has only just begun. if it persists, yes, ppl will start to stop using Bitcoin. the exit starts slowly at first and then will morph into a stampede; especially if the price starts plunging. the mempool is a problem that does have to be fixed so that ordinary users can start getting their tx's through. they won't be as patient as some of us here.
Yes people will stop using Bitcoin b/c they have to pay $0.5 per transaction. They rather use bank and will pay $20.
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African kids don't have banks, nor $20. Cheep space on 8GB Gavinblocks is their (and by extension, all of humanity's) only hope.
The network is congested, even though transactions with appropriate fees are working just fine. Efficiency is more important than resiliency.
Satoshi never planned for Bitcoin to be decentralized forever. We must try hard to increase adoption, at any cost.
MPEX and everyone else opposed to larger blocks ASAP are Monero pumpers. Especially iCEBREAKER and tvbcof.
The core devs are corrupt and worthless. We would be better off with Mike "Drop fees by 10x" Hearn and some guys from Rent-A-Coder.
I'm an OG true believer in the potential of stateless e-cash. if i have to migrate to a new chain and lose money doing it, i'm done with crypto.
People will stop using gold as a store of value, because Bitcoin is here to stay no matter what. Bitcoin is going to die without larger blocks.
Cripplecoin.
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