{"type":"rich","version":"1.0","author_name":"Tom Harding [ARCHIVE] (npub1ms…pmwjy)","author_url":"https://nostr.ae/npub1msef5qkfwz4t7qacwxz775wgdtlytph78g2g2z903x90874u263sypmwjy","provider_name":"njump","provider_url":"https://nostr.ae","html":"📅 Original date posted:2015-07-30\n📝 Original message:On 7/30/2015 11:14 AM, Jorge Timón wrote:\n\u003e The blocksize limit (your \"production quota\") is necessary for\n\u003e decentralization, not for having a functioning fee market.\n\n\u003e If we can agree that hitting the limit will JUST cause higher fees and\n\u003e not bitcoin to fail, puppies to die or the sky to turn purple I think\n\u003e that's a great step forward in this debate.\n\nIt's interesting how people see things differently.  I think your first\nstatement above represents a great step forward in the debate.  Unlike\nAdam Back, you state that a block size limit is not necessary to create\na functioning fee market.\n\nAs to your second statement, unfortunately for immediate harmonious\nrelations, I was merely separating out the elevated fee market concern,\nnot at all saying it is the only or even the biggest concern with\nlimited capacity.  Alan Reiner, Ryan X. Charles and others have\neloquently explained how restrictive a 1MB limit is, even with \"layer 2\".\n\nWhat's missing from the decentralization dialog is a quantitative\nmeasure of decentralization.\n\nWhy not slam users with higher fees now, if we accept that they may be\nnecessary someday? For the same reasons you don't ask a child, age 5, to\nwork in a factory."}