Subject: Re: [Bitcoin-development] Block Size Increase

From: Thomas Zander <[email-masked]>
Date: Fri, 08 May 2015 13:02:56 +0200

On Wednesday 6. May 2015 21.49.52 Peter Todd wrote:
> I'm not sure if you've seen this, but a good paper on this topic was
> published recently: "The Economics of Bitcoin Transaction Fees"

The obvious flaw in this paper is that it talks about a block size in todays 
(trivial) data-flow economy and compares it with the zero-reward situation 
decades from now.

Its comparing two things that will never exist at the same time (unless 
Bitcoin fails).
-- 
Thomas Zander