Quote from: meyns on September 30, 2015, 11:15:52 AM

Quote from: Kakmakr on September 30, 2015, 06:20:06 AM

Quote from: JaredKaragen on September 30, 2015, 01:16:30 AM

There is a stupid simple way to not destroy bitcoin's value and cause forks and still allow for wiggle room when it comes to blocksize:

For smaller faster transactions; just use a frikken altcoin thats based around speed....

That is all. Simple right?

I don't see why people can't wrap their heads around this simple concept..... and instead they would rather risk everything falling apart over a whole redesign of the currently stable system.

Input?

What do you tell to the 150 000+ merchants that already adopted Bitcoin? There is also millions of dollars invested into development of Bitcoin based businesses.

Your solution sounds simple, but it's a lot more complicated than that. The alternative would be to just lift the block size a bit, and see how it goes.

A lot of the merchants accepting bitcoin can already accept other altcoins.

I don't think so. Many alt coins are violatile and don't have trustable POS solutions designed for them like Bitpay which allows for instant transaction. Transaction with one confirmation for alt coin is less safer than one confirmation for Bitcoin. An alt coin that has 1 minute block needs 10 minutes to reach the consensus of one Bitcoin confirmation. Furthermore, confirmations aren't needed for day to day transaction, the risks is likely enough to be negligible.