Quote from: bitserve on April 07, 2019, 01:41:19 AM

Quote from: jbreher on April 07, 2019, 01:05:34 AM

Quote from: hisslyness on April 07, 2019, 12:47:18 AM

Quote from: nutildah on April 06, 2019, 05:04:25 PM

Quote from: infofront on April 06, 2019, 04:32:32 PM

Quote from: jojo69 on April 06, 2019, 04:15:05 PM

Quote from: nutildah on April 06, 2019, 04:11:06 PM

... insults is all he's got.

I disagree with him on many (most) points but this...just ain't so.

For sure he's a smart guy and makes some good points.

"Smart" isn't in short supply. I grew up in a smart city, was surrounded by smart people, went to a smart university, got a smart degree. I'm just not impressed with "smart." Some people can be extremely intelligent by some measures and especially dumb in others. So what is "smart"?

In my experience, honesty and integrity are far more scarce and far more valuable attributes. I've watched "smart" people destroy the world around them, and themselves, during the course of my lifetime. I'm just not impressed by "smart."

"A hard cap on on-chain txs is a hard cap on on-chain txs, any way you try to spin it." <- then it doesn't matter what size you raise the blocks? how could you advocate larger/bigger blocks when you do not believe in it as a solution to deal with transaction congestion.

WTF are you babbling about? I advocate larger blocks, as I do believe in it as a solution to deal with transaction congestion. Quite a splendid one, in fact.

Let's just babble about L1 as the only solution....

Any idea around how big should the blocksize be to support all VISA/Credit card tx's? How much would its blockchain grow for each year?

Now... Should crypto REALLY succeed (also) as a peer to peer cash system... How big should it be to even support 10% of current *CASH* payments/transactions worldwide?

...

There's no way crypto can *scale* MASSIVELY just on L1 alone.

P.S.: I do also advocate for "larger" blocks.... just not as large as you do. Just enough to support higher layers efficiently and maybe with some spare... and that whatever is implemented, it would be done with CONSENSUS to not harm the store of value proposition as a side effect.

Nothing has to scale. One Bitcoin is going to be worth more than most people make in a lifetime. It will be transacted between governments, multinational companies and banks. Even the lighting network will be for the big boys. Nobody pays for coffee with gold. Visa works just fine for buying coffee, PayPal works great for other things. Move on to your shitcoin of choice for payments. Bitcoin will be fine without you.