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From: Mike Hearn <mike@plan99•net>
To: Mark Friedenbach <mark@friedenbach•org>
Cc: Bitcoin Development <bitcoin-development@lists•sourceforge.net>,
	Gavin Andresen <gavin@bitcoinfoundation•org>
Subject: Re: [Bitcoin-development] Concerns Regarding Threats by a Developer to Remove Commit Access from Other Developers
Date: Fri, 19 Jun 2015 11:37:34 +0200	[thread overview]
Message-ID: <CANEZrP33GCiZHK1GV2Qt_R_AHK6SEjybGPtmORjqgvQ9MiYVZQ@mail.gmail.com> (raw)
In-Reply-To: <CAOG=w-tf7qz9XSkDg5POKtFLkHWDA==jf2iVxVL8wz1hqcAVOg@mail.gmail.com>

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>
> Or alternatively, fix the reasons why users would have negative
> experiences with full blocks
>

It's impossible, Mark. *By definition* if Bitcoin does not have sufficient
capacity for everyone's transactions, some users who were using it will be
kicked out to make way for the others. Whether that happens in some kind of
stable organised way or (as with the current code) a fairly chaotic way
doesn't change the fundamental truth: *some users will find their bitcoin
savings have become uneconomic to spend*.

Here's a recent user complaint that provides a preview of coming
attractions:

https://www.reddit.com/r/Bitcoin/comments/39r3bi/breadwallet_asking_me_to_pay_over_10_network_fee/

Hello, I'm just trying to send my small Sarutobi-tips stash (12,159 bits)
> onto a paper wallet. When I try to send it, a window pops up stating
> "insufficient funds for bitcoin network fee, reduce payment amount by 1,389
> bits?" This would be a fee of $0.32 to send my $2.82, leaving me with $2.50.


These sorts of complaints will get more frequent and more extreme in the
coming months. I realise that nobody at Blockstream is  in the position of
running an end user facing service, but many of us are .... and we will be
the ones that face the full anger of ordinary users as Bitcoin hits the
wall.

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  parent reply	other threads:[~2015-06-19  9:37 UTC|newest]

Thread overview: 60+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2015-06-18  8:54 odinn
2015-06-18 10:00 ` Mike Hearn
2015-06-18 11:14   ` Wladimir J. van der Laan
2015-06-18 11:47     ` Wladimir J. van der Laan
2015-06-18 13:36       ` Mike Hearn
2015-06-18 15:58         ` Gregory Maxwell
2015-06-18 12:29     ` Pieter Wuille
2015-06-18 12:50       ` Wladimir J. van der Laan
2015-06-18 12:56         ` Benjamin
2015-06-18 13:49       ` Mike Hearn
2015-06-18 14:05         ` Wladimir J. van der Laan
2015-06-18 14:16           ` Mike Hearn
2015-06-18 14:53           ` Milly Bitcoin
2015-06-18 14:56             ` Jeff Garzik
2015-06-18 15:13               ` Milly Bitcoin
2015-06-18 14:53       ` Jeff Garzik
2015-06-18 16:07         ` justusranvier
2015-06-18 16:28           ` Jeff Garzik
2015-06-18 17:04             ` justusranvier
2015-06-18 17:42               ` Alex Morcos
2015-06-18 18:01                 ` Milly Bitcoin
2015-06-18 18:23                 ` Gavin Andresen
2015-06-18 18:44                   ` Alex Morcos
2015-06-18 18:49                   ` Jorge Timón
2015-06-18 19:31                     ` Ross Nicoll
2015-06-18 21:42                       ` Matt Whitlock
2015-06-18 21:49                         ` Mark Friedenbach
2015-06-18 21:58                           ` Jeff Garzik
2015-06-18 22:33                             ` Mark Friedenbach
2015-06-18 22:52                               ` Jeff Garzik
2015-06-18 23:25                                 ` odinn
2015-06-18 23:16                               ` Ross Nicoll
2015-06-19  0:57                               ` Chris Pacia
2015-06-19  5:59                                 ` Eric Lombrozo
2015-06-19  9:37                               ` Mike Hearn [this message]
2015-06-19  9:53                                 ` Benjamin
2015-06-19 10:08                                   ` GC
2015-06-19 10:19                                   ` Mike Hearn
2015-06-19 10:52                                 ` Eric Lombrozo
2015-06-19 11:31                                 ` Jorge Timón
2015-06-19 12:26                                   ` GC
2015-06-19 11:48                                 ` Brooks Boyd
2015-06-21 14:45                                   ` Owen Gunden
2015-06-18 21:55                         ` Ross Nicoll
2015-06-18 19:24                   ` Matt Corallo
2015-06-18 19:32                     ` Gregory Maxwell
2015-06-18 12:38     ` Milly Bitcoin
2015-06-18 13:31     ` Mike Hearn
2015-06-18 13:50       ` Pieter Wuille
2015-06-18 15:03       ` Mark Friedenbach
2015-06-18 15:30         ` Milly Bitcoin
2015-06-18 15:46           ` Wladimir J. van der Laan
2015-06-18 16:05             ` Mike Hearn
2015-06-18 16:20               ` Wladimir J. van der Laan
2015-06-18 22:49               ` odinn
2015-06-18 16:11             ` Milly Bitcoin
2015-06-18 11:41   ` Lawrence Nahum
2015-06-18 14:33   ` Bryan Bishop
2015-06-18 18:09   ` Melvin Carvalho
2015-06-18 22:10   ` odinn

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