Quote from: BlackHatCoiner on May 24, 2024, 02:40:58 PM

What about the halving after that? Or the second after that? In less than 20 years from now, the block subsidy will be less than 0.1 bitcoin. Block space has to be valuable.

Does it matter if every person from 10 people pay 100 sat/vByte as a fee or every person from 100 people pay 10 sat/vByte as a fee? It doesn't matter because the outcome is the same. Bitcoin can't grow with such a low block size, it will simply make it unattractive and people will actively start to look for alternatives.
Simply, there is no way that by increasing the block size, miners will lose the profit, no, that's not true.

Quote from: NeuroticFish on May 25, 2024, 09:28:02 AM

Yes, I know, it may sound a bit harsh. On the other hand we start getting used to use on-chain transactions only when it's meaningful (hence worth paying even 50$+ for it). For the rest, for small amounts like for example the signature campaigns or paying for VPN, sorry, but LN, no matter how imperfect it is, is the solution we should really consider. At least until the proper solution is discovered and implemented.

Why is LN a solution? What if everyone moves on LN? Will miners still profit?

Quote from: BlackHatCoiner on May 25, 2024, 09:28:32 AM

Bitcoin is not meant for buying coffee or conducting other low-value transactions, at least not on-chain. It represents the best monetary standard we can have, and using it for such purposes undervalues its true potential.

I can't agree with you, Bitcoin is meant for P2P transactions and that includes everything, starting from Coffee to Car and so on. The simple fact is that Bitcoin wasn't meant for massive usage and it's blocks size was 1 MB because it was enough for 2010 and for a few upcoming years. As time goes, number of Bitcoin users increase and the technology advances, so it's perfectly okay and to my mind, even necessary, to increase the block size.