Agreed. One of the most regrettable things about this block-size snafu in my view is this characterization of 800% or 2000% increases as "modest" or a _doubling_ as being too small to consider.
It is very modest, compared to a completely removed cap, which has been set as a
temporary anti-spam measure.
come back whenever the spam stops.
We'll be back. 2016 is the year of at least the remove of your beloved 1MB cap. Forget the fee market that blockstream core wants to enforce with this cap. It won't happen, because it won't be accepted by the market.
"Bitcoin is the Devil's way of teaching geeks economics."