Post
Topic
Board Bitcoin Discussion
Re: Why i think we should reduce the block size
by
death69
on 24/02/2017, 16:28:43 UTC
I am serious and challenge you to prove (this means i want to see some proof not speculation) me wrong. Bitcoin price is at an ATH, so are unconfirmed Transactions and the fees. Everybody is talking about scaling up while the number suggest we should scale down. Nobody uses Bitcoin as a currency to buy stuff, everybody is holding and in for a profit, so the fees do not matter. Let us maximize the profit by setting the blocksize to 0.5 MB.
I agree. There is only a small percentage of Bitcoin users use it as a currency. The rest, sadly, only use it for profit such as trading, gambling, HYIP, stupid ponzi. And it will take us a lot of time for bitcoin become a truth currency. However, as a Bitcoin enthusiast, I am using it everywhere I can and most of the time, I purchase game from Steam and sell them with a good prices