On Wed, Feb 13, 2013 at 10:42 AM, Gregory Maxwell <span dir="ltr">&lt;<a href="mailto:gmaxwell@gmail.com" target="_blank">gmaxwell@gmail.com</a>&gt;</span> wrote:<br><div class="gmail_quote"><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">
<div class="im"> Since, in the long run,</div>
Bitcoin can&#39;t meet its security and decenteralization promises without<br>
blockspace scarcity to drive non-trivial fees and without scaling<br>
limits to keep it decenteralized— it&#39;s not a change that could be made<br>
more lightly than changing the supply of coin.<br></blockquote><div><br></div><div>I disagree with Gregory on this.  I believe that Bitcoin CAN meet its security and decentralization promises without any hard limit on block size. </div>
</div><div><br></div>I had a fruitful discussion about this with an economist friend this weekend, and I&#39;ll eventually getting around to writing up why I believe raising the block size limit will not be a problem.<br clear="all">
<div><br></div>-- <br>--<br>Gavin Andresen<br>