LogicallyMinded on Nostr: #MichaelSaylor says a lot of non-sense but this is by far the most rubbish reasoning ...

#MichaelSaylor says a lot of non-sense but this is by far the most rubbish reasoning I’ve heard from him.

So according to Saylor the reason the #Bitcoin block size should never be increased is because it would deprive miners from fee revenues.

Has Saylor considered that expensive fees would force transactions to be moved off-chain hence decreasing fee revenues?

Strange take from someone who thinks that your #Bitcoin are better kept at your broker than in self-custody.

He even goes on to make the analogy that increasing the block size is like nazis stealing property from the jews 😬 but in this case wouldn’t it be that the miners would have decided to change the rules to steal from themselves? Absolute non-sense from Saylor.

https://youtu.be/XjfvppCUavQ