Re: Soft block size limit reached, action required by YOU

The options I listed in my first post are still the only options. If you don't want to filter out SD transactions then the default "do nothing" option means that transactions will become very expensive, and small quantities of Bitcoin won't be spendable at all.

Not really.

Just expensive enough so SD is not viable. Say, 0.03 or so. For a moderate quantity it's not expensive. For micropayments, BTC is never going to scale to global scale as to accommodate micropayments. It's simple math really...

I don't think BTC is ready for fees so high. That's going to shut out a lot of commerce, not just SD.

It's going to force the evolution that will need to happen sooner or later anyway.

Ripple or whatever other overlay system is required for micropayments. Free transactions in the blockchain are not going to last too long.

I'm ok with fees. But $1.20 fee per transaction is too much.

That said, it really doesn't matter what you or I think. The free market will always set a fair fee price based on the marginal cost per transaction and the willingness of users of the system to pay fees.