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> Bitcoin is artificially blocked from accepting more customers and grow. There's no such thing as a bitcoin customer. And by growth, the only obstacle is numb
by EdHominem 10y ago
> Bitcoin is artificially blocked from accepting more customers and grow.
There's no such thing as a bitcoin customer. And by growth, the only obstacle is number of transactions/block which is limited by design.
But there's no tps limit that we wouldn't blow through in a day if it were free. Building a distributed DB? Nah, just dump it all in the blockchain and make the world hold it for you. Without a limit, and the prices that come from approaching that limit, the system would never reach a balance.
The goal is that transaction costs pay miners. That only works if blocks are small enough to reasonably process and scarce enough to justify paying for.
For everything else, build a sidechain and do your micropayments on it - link to BTC every now and then for larger fund transfers.