Tom Harding [ARCHIVE] on Nostr: 📅 Original date posted:2015-07-24 📝 Original message:On 7/23/2015 10:51 AM, ...
📅 Original date posted:2015-07-24
📝 Original message:On 7/23/2015 10:51 AM, Jorge Timón wrote:
> We know perfectly well that the system will need to eventually be
> sustained by fees.
Fee revenue can rise just as easily without increased BTC fee rates.
Two avenues that are just as effective: increased exchange rate,
increased number of fee-paying transactions. Neither of these avenues
benefits from increased "fee pressure" (scarcity of block space).
> I just disagree that changing a constant is a "scaling solution".
>
Nobody here thinks that. Even on Reddit, not very many people seem to
think that.
Published at
2023-06-07 15:43:01Event JSON
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"content": "📅 Original date posted:2015-07-24\n📝 Original message:On 7/23/2015 10:51 AM, Jorge Timón wrote:\n\u003e We know perfectly well that the system will need to eventually be\n\u003e sustained by fees.\n\nFee revenue can rise just as easily without increased BTC fee rates.\n\nTwo avenues that are just as effective: increased exchange rate,\nincreased number of fee-paying transactions. Neither of these avenues\nbenefits from increased \"fee pressure\" (scarcity of block space).\n\n\n\u003e I just disagree that changing a constant is a \"scaling solution\".\n\u003e\n\nNobody here thinks that. Even on Reddit, not very many people seem to\nthink that.",
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