I can't really agree here. Blocksize sets a max cap on transaction rate, which is effectively a decision that the network should prefer high-value, low-frequenc

I can't really agree here. Blocksize sets a max cap on transaction rate, which is effectively a decision that the network should prefer high-value, low-frequency transactions, even though from a miner profitability (and therefore hashrate-security) standpoint, the opposite might be better. Might also be that a settlement network is the best use case for Bitcoin, but we don't know what the market would prefer because the scales are tipped in favour of high-value tx by people who believe they know best.