Big blocks prevent decentralization. They prevent average users from independently auditing the system. If we had gigabyte blocks it still wouldn't make the base layer competitve with modern fiat payment networks & it would hand over the network to Google & Visa & the other corp monsters.
If only Visa sized corps have the capacity to run a node, then they can change the rules however they like. They'd neuter it & censor it & make Bitcoin one more tool of enslavement.
This is not my opinion, it's just a fact. Bitcoin is what the economically active nodes say it is. If there are only a few nodes, then we have just recreated the Fed banks & their collusion would change everything in their own favor at user expense.
Big blocks cannot ever solve the scaling problem, but they could destroy Bitcoin. Scale has to be achieved via tech that adds an order of magnitude to the number of txns without compromising the ability for average users to audit the system. The only way to do this is with layers like Lightning, which is already a fantastic leap forward & it still has lots of room for growth & improvement.
This is so obvious it hurts. I can’t believe we’re still discussing big blocks and bitcoin can’t scale.
Not problems:
+ scaling
+ security budget
+ lack of shitcoinery features
Actual problem: self custody
+ normies are scared of losing keys
+ no private inheritance
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