AZwarel
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August 24, 2015, 04:17:12 PM

  intentionally throttling the network to collect more fees is like strangling the golden goose to get more eggs.

Or like jumping out of a certain wooden sculpture when the walls of Troy first come into view?

Our like trying to charge money for an infinite resource?

Bip 101 timescale:

Year.  Size.  Reward.  blockchain size (rough estimate)
2016  8MB.  12.5.     40GB
2020  32MB  6.25.     3.4TB
2024. 128MB  3.125.  16.8TB
2028. 512MB  1.5625.  70.56TB
2032  2048MB  0.78125.  285.6TB
2036  8192MB  0.390625.  1145TB

How many individuals do you think will be incentivized to store more than a petabyte of data with no compensation? The good news is that Gavin's plan is preposterous and will never gain traction, so fortunately there's nothing to worry about.  Cool

2036 is in 21 years. How big was a hard drive 21 years ago?  (hint: a tiny fraction of the storage on my current 3 year old phone).  Storage is so cheap now that if you include cloud storage like dropbox, it's free.
This is the same fallacy the Malthusians made about mass starvation with population doubling every forty years.  Didn't happen. All famines today are political, including ours.


some people have no foresight  Cheesy

Indeed. http://royal.pingdom.com/2010/02/18/amazing-facts-and-figures-about-the-evolution-of-hard-disk-drives/

To sum it up: price per GB from 1980 to 2010 : 300.000 USD to few cents (less than 1 USD). Max HDD space on average home user HDD went from : 2.520 MBs to 2.000.000 MBs. (an almost 800x increase on a single HDD in an average home PC!).