Quote from: hatshepsut93 on March 23, 2024, 11:57:03 PM

Quote from: Pingu of Sealand on March 20, 2024, 09:53:24 PM

Bitcoin Cash scales, and I have my private keys; I don’t need to trust anyone. However, the mining incentive and fees are near to negligible, making the network vulnerable to attacks.

No it doesn't, there no such thing as scaling on blockchain. The world, or even just small country, or even just a single city with a few million people needs a capacity for many millions of transactions per day. It's impossible to effectively process and store such amounts of data on a home computer, you need a specialized server equipment for that. So any solution that tells to just increase blocksize will inevitably turn into a network of one or a few large servers controlled by an entity that could be blocked or physically raided by law enforcement.

you been duped into the concept that scaling=leaping
(facepalm)
let me guess you now want to say how you think hard drives are expensive and will kill decentralisation to spend $50 to store terrabytes of data for multiple years of blockdata.. then you will say what you have said in some other topics of how bitcoin needs expensive transactions that are more expensive than one hard drive

Quote from: hatshepsut93 on September 17, 2020, 06:31:34 AM

Too high for what? If someone is willing to pay for it, then it's not too high. Bitcoin fees are essentially an auction for the space in the next block, so it's like saying that when someone buys a painting for millions of dollars, the price is too high because average people couldn't buy it. Even if we imagine that Lightning Network wouldn't exist, Bitcoin transactions are still going to be used by people, so the fee is never too high.

Quote from: hatshepsut93 on April 14, 2023, 04:15:37 PM

If we want Bitcoin to be secured by a similar amount of work in the future, it means the fees will have to compensate for the halvenings. And Bitcoin capacity is so limited that even with only store of value use the fees will skyrocket if it gets a little more adoption. We see it during bull markets how fees become $10-20 per tx just because so many people want to send their coins to an exchange.

Quote from: hatshepsut93 on August 01, 2021, 12:33:31 PM

Bitcoin doesn't have "hours long confirmations", it has fee market and sometimes the fees get high, meaning that transactions with lower fees won't confirm until the fees drop down. I wouldn't argue that it hurts Bitcoin viability as a payment method for everyone, but it is possible to use it as such as of now.

But the plan is to officially release Lightning Network, as it is actually allows Bitcoin to be competitive with fiat payment methods in terms of speed and fees. So you don't have to view Bitcoin as only investment or only currency, because people can choose to use it however they like.

lets skip the narrative and just already call it hypocrisy/contradictibg yourself..

so lets clarify
FEE's are not needed to compensate halvenings.. SPOT PRICE deflation is what compensates halvenings.. not fee's
fee's are not needed as a main income earner any time soon.. so dont fall into the silly rabbit hole of promoting high fees as a good thing. as it then contradicts your fear of 'hard drive costs' being a cost problem of bitcoin users if you now want to say paying $20-$50(recent fee's on network) should be the norm

if you want to suggest paying $50 per tx is ok but $50 for decades of data storage is bad... then you need to stop listing to idiots telling you to say stupidity and instead realise that fee's being high is more of a annoyance than your PRETEND fears of storage cost