📅 Original date posted:2015-05-07
📝 Original message:>
> It is a trivial *code* change. It is not a trivial change to the
> economics of a $3.2B system.
>
Hmm - again I'd argue the opposite.
Up until now Bitcoin has been unconstrained by the hard block size limit.
If we raise it, Bitcoin will continue to be unconstrained by it. That's the
default "continue as we are" position.
If it's not raised, then ....... well, then we're in new territory
entirely. Businesses built on the assumption that Bitcoin could become
popular will suddenly have their basic assumptions invalidated. Users will
leave. The technical code change would be zero, but the economic change
would be significant.
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Mike Hearn [ARCHIVE] /
npub17t…4qgyd
2023-06-07 15:33:12
in reply to nevent1q…7n0f
Author Public Key
npub17ty4mumkv43w8wtt0xsz2jypck0gvw0j8xrcg6tpea25z2nh7meqf4qgydPublished at
2023-06-07 15:33:12Event JSON
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