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Replying to Avatar Vlad, Bitcoin Takeover Podcast

Prediction: in a few years we’ll increase the Bitcoin block size.

If the reactions to pegged sidechains are so hostile and almost nobody wants to break the 21 million supply cap to pay the miners, we’ll conclude that turning the 1 MB into a 4, 8, 16 or whatever isn’t that bad because at least we understand the tradeoffs and there is no extra complexity involved.

As @peterktodd put it: it’s cheaper to increase the computation costs than to increase the degree of human politics.

For more hot takes, listen to the Bitcoin Takeover podcast 🔥🌶️ https://video.nostr.build/5b337cc53eb37cd2290f46545c33404bf8a3d841c970ae8de19b61dca52886b4.mov

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BTC Moon Guy 2y ago

Fork it.

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Vlad, Bitcoin Takeover Podcast 2y ago

In 5-10 years, the majority of bitcoiners will think that increasing the block size is a necessary evil.

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