@underwar 19 December 2021 more from that month

Satoshi Nakamoto in 2008: Visa processes 100 million transactions per day. That many transactions would take 100GB of bandwidth. If the network were to get that big, it would take years, and by then, sending 2 HD movies over the Internet would probably not seem like a big deal. https://www.mail-archive.com/cryptography@metzdowd.com/msg09964.html Satoshi expected that overtime not everyone would run full nodes, he expected specialized much much bigger blocks and need for dedicated servers. No segwit, no side-chains, off-chains, 2chains, up chains or lightning chains. Just simply bigger blocks. I'm not even that big into bitcoin myself, I just cannot believe how utterly brainwashed the other side is that they think that myriad of side chains runned by "totally not banks" for network to be functional at all is somehow more decentralized than upgrading hardware and bandwidth every decade or so (which keeps getting faster and cheaper). I wonder how many of them actually believe this and how many simply cannot admit they were wrong/mislead. If your side has nothing but price memes and conspiracy theories to blame everyone from CIA to North Korea, you already lost. #BitcoinCash #Bitcoin #Cryptocurrency Source: https://www.reddit.com/r/btc/comments/7lvie2/satoshi_nakamoto_in_2008_visa_processes_100/