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RE: Bitcoin (BTC) Evening Update: We are NOT Crashing, It's a Correction!

in #bitcoin7 years ago

What I'm criticizing is their inability to let go of 1MB blocks. How come extra 50GB of storage a year became a massive civil war? This is why I gradually got sick of BTC. It's just so much fuss over 50GB. That's $20 for an extra pen drive or SD card. So much hate, censorship and fighting over spending extra $20 a year. A movement based on saving $20 a year. Death threats because $20 a year is going to make things centralized.

Dash handled the situation with maturity. Long time ago they voted on the issue. I hours they were set for 400MB blocks, near zero fees and transactions faster than VISA/MasterCard.

You know a project is done when there is a war to save $20 of extra expenses. That's just slightly over a one transaction on the blockchain:https://bitinfocharts.com/comparison/bitcoin-transactionfees.html#3m