What Makes Bitcoin Valuable (Sigh)
https://blossom.primal.net/dec4c0c29d1a499a0cdaf0971010cbc989f2fee7c0f588421d5e1c12641490f8.mp4
Maybe you can help me understand your reasoning here. This is not an attack on you; I’m genuinely trying to understand the current situation, since I’m nowhere near a technical person.
So, if I understand correctly, as long as plebs continue running nodes, Bitcoin is basically “fine.”
What would actually make plebs stop running nodes?
Let’s say, in the worst-case scenario, the blockchain is continuously filled with spam. Since blocks are limited to roughly 4 MB, wouldn’t that mean the blockchain could grow by around 200 GB per year at most?
That’s obviously not ideal, but it still seems manageable for many people, no? Especially considering storage gets cheaper over time.
Would love to know what you think.
So, if I understand correctly, as long as plebs continue running nodes, Bitcoin is basically “fine.”
What would actually make plebs stop running nodes?
Let’s say, in the worst-case scenario, the blockchain is continuously filled with spam. Since blocks are limited to roughly 4 MB, wouldn’t that mean the blockchain could grow by around 200 GB per year at most?
That’s obviously not ideal, but it still seems manageable for many people, no? Especially considering storage gets cheaper over time.
Would love to know what you think.
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