To add bitcoin is a fixed supply. It can be hoarded like land. When King of Lydia first used gold. He ended up owning almost all the gold in society. If a cryptocurrency becomes law of the land, watch out, all the money will go to the top. All the cryptocurrency will transfer to government and land owners via rent and small taxes in daily transactions.
"Over time the value of Bitcoin isn't guaranteed to go up, but the value of all government issued fiat currencies is guaranteed to go down." Roger Ver twitter. Yes, and if the currency goes down bitcoin goes up with no transactions as long as users increase.
"It's great that Bitcoin is on such a bull run, but scalability and privacy issues still must be addressed." Roger Ver twitter. It went up. It will continue to go up. It will hit $2000 then $5000. Bitcoin for small transactions is dead.
"Miners (as a whole) will not harm the Bitcoin network, as to do so is to destroy their own profits" - @John_Blocke from Roger Ver twitter. More miner costs (more hard disks and hardware) less miners. Less miners, less security.
"The best time to buy bitcoin was eight years ago. The second best time is now." Roger Ver twitter, then why change anything.
"When the cost of using something goes up, people use less of it. This means high bitcoin tx fees are causing fewer people to use bitcoin." Roger Ver twitter. The value of the transaction can increase. If the average transaction is 1 btc, then it is like 500 euro note at the grocery store. Bigger notes small transactions, the 500 note does not hurt Euro economy. The US economy is not hurt with the $100 bill.
Bitcoin has gotten where it is not really being used in commerce. The value of bitcoin is unit of account, like tally sticks.
BTW, I have the greatest respect for Andresen and Ver.