{"type":"rich","version":"1.0","author_name":"npub1kf0ppcjaguxekg24yx6smgxlu73qn0k8lm0t2wrqc0scpl7u3sgsmf3f58","author_url":"https://nostr.ae/npub1kf0ppcjaguxekg24yx6smgxlu73qn0k8lm0t2wrqc0scpl7u3sgsmf3f58","provider_name":"njump","provider_url":"https://nostr.ae","html":"📅 Original date posted:2015-07-22\n📝 Original message:Addendum:\n\nPlease do not interpret - as many have - my points as advocating against\nletting a fee market ever develop(!).\n\nFees are useful against DoS, increasing cost of attack etc.  Further,\ncontinuing the artificially-low fee policy ad infinitum is unsustainable\nand constitutes a moral hazard.\n\nExamine from the user's point of view.  If you want to develop a fee\nmarket, think it through in the context of user expectation/experience -\nwhich translates to how software is written and users behave, the context\nof market disruption, and the context of further block size increases.\n\nTransition to a new economic policy should be planned.  It should give\nusers and markets time to adjust.\n\nIt is grossly irresponsible to simply drop users into a new economic policy\nwith no warning and no preparation.\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20150722/a2a73eea/attachment.html\u003e"}