<oembed><type>rich</type><version>1.0</version><author_name>npub1kf0ppcjaguxekg24yx6smgxlu73qn0k8lm0t2wrqc0scpl7u3sgsmf3f58</author_name><author_url>https://nostr.ae/npub1kf0ppcjaguxekg24yx6smgxlu73qn0k8lm0t2wrqc0scpl7u3sgsmf3f58</author_url><provider_name>njump</provider_name><provider_url>https://nostr.ae</provider_url><html>📅 Original date posted:2015-07-22&#xA;📝 Original message:Addendum:&#xA;&#xA;Please do not interpret - as many have - my points as advocating against&#xA;letting a fee market ever develop(!).&#xA;&#xA;Fees are useful against DoS, increasing cost of attack etc.  Further,&#xA;continuing the artificially-low fee policy ad infinitum is unsustainable&#xA;and constitutes a moral hazard.&#xA;&#xA;Examine from the user&#39;s point of view.  If you want to develop a fee&#xA;market, think it through in the context of user expectation/experience -&#xA;which translates to how software is written and users behave, the context&#xA;of market disruption, and the context of further block size increases.&#xA;&#xA;Transition to a new economic policy should be planned.  It should give&#xA;users and markets time to adjust.&#xA;&#xA;It is grossly irresponsible to simply drop users into a new economic policy&#xA;with no warning and no preparation.&#xA;-------------- next part --------------&#xA;An HTML attachment was scrubbed...&#xA;URL: &lt;http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20150722/a2a73eea/attachment.html&gt;</html></oembed>