Smallblockers happened to me. Scale or die.
Terabytes of blockchain that are to be filled with junk, with near zero cost, does not equal scaling but an open-wide attack vector to destroy BTC.
We should put you in charge. you seem to know how people should spend there money! remind me again who in bitcoin land has the power to decide which bitcoin transactions are junk?
The miners.
money velocity is not junk, its a fundamental measure of an economy, we have a limited supply so the only place to grow is increased velocity.
Money velocity of multiple dust transactions = spamming the blockchain and bloating BTC.
and "at near zero cost"? what planet are you on!
Can I make a script right now and start spamming the blockchain when it is in low-utilization days, with almost zero fee tx's? The answer is yes. Even with 1mb limit. And it will be far easier to do that with 10mb limit. And that's irregardless of the mining fee. You cannot simply implement a higher blocksize without enforcing a system that prevents cheap malicious use of that capacity to self-destruct BTC. It would be an idiotic move of epic proportions and people would then say "so, we are at the mercy of script kids right now?" and then claim BTC devs are incompetent for not having foreseen how their actions are enlarging the blockchain by the tens of gigabytes, and how they (or the miners) must take action to prevent this kind of spamming, and how useless these devs are for not preventing it in the first place through fee competition in a much more limited block size, etc etc.