Wed Jun 15, 2016 6:14 pm

I think it's naive to assume that if we doubled tx capacity it would be all filled with "spam transactions" and "noobs". That is obviously patently false. If the blocksize were to be upgraded to 2mb, it would breathe new life into the community practically overnight. It's clearly a much needed change - not just for the network, but for our collective mental health and so the community can take a breather while we figure out how to solve all the other problems.



Right now I'm on localbitcoins and there are DOZENS of people complaining about Stuck transactions and Slow Confirmation times. These people don't know what's going on.



Fees have gone up from like 6 cents to 34 cents to be guaranteed to be sent quickly... This is absurd and it will DEFINITELY push people into altcoins.



Also, debit and credit cards do have fees. Everything you pay for online and at the store is like 3% more expensive to cover merchant costs. All the costs are passed onto the customer, of course. This is why many websites that accept Bitcoin will offer discounts for BTC purchases.



Massive on-chain scaling is not just possible, it's inevitable. Saying BTC can't compete without "payment channels" is, in my opinion, highly disingenuous. We were doing it just fine before transactions started getting stuck due to a refusal to implement scaling measures.

The same guys who are attempting to change Bitcoin (Blockstream / Core) into some fairy-tale scame; 1) attacked our network 2) created a fee-market 3) caused transactions to delay 4) stealing from us.These guys are scammers. When your business transacts millions of dollars, you look into what is causing the problems.It is insane that we have such menaces involved at the protocol level and that's why I stopped using Core. I began using Classic and telling all of my clients to use it as well. Now, the Unlimited solution will take us far into the future and so I am committed to running that and working with my clients to migrate their nodes to Unlimited as well. It's a no-brainer really, Unlimited offers Bitcoin scaling and security all in 1 with-out changing the dynamics of Bitcoin. This is what you get from real developers that are not financially motivated to succeed personally from their implementation.Anybody who thinks a bunch of broke, for profit guys working on your Bitcoin software is a good idea, guys living in cars as Adam Back put it, needs to give their head a shake. Guys who have reputations as scammers. You shouldn't be letting a bunch of thieves work on your software. My clients said the same thing and I will say it as well."We are the businesses that run the software and we're saying we don't want your new solution."