So... I start from "more transactions == more success"
I strongly feel that we shouldn't aim for Bitcoin topping out as a "high power money" system that can process only 7 transactions per second.
Hey, I want a pony too. But Bitcoin is an O(n) system, and we have no choice but to limit n.
Actually O(n*m) where m is the number of full clients
Did any of you guys remember my "swarm client" idea? It would move Bitcoin from being O(n*m) to O(n) and the network would share the load of storage and processing both.
No one ever found flaws in it and those who bothered to read it generally thought it was pretty neat. Just saying. + it requires no hard fork and can coexist with current clients.
This would also kill the malice driven incentive for miners to drive out other miners as it would no longer work (only bother the WHOLE network).