Yes, although bitcoin prides itself on being able to divide the coins and make micro payments, the developers don't really care about that and like to set the fees quite high by default.
You can already make transactions (without too much effort) quite a bit more expensive than using a bank or a credit card
They seem to think that anyone using these advertised advantages is spamming the blockchain.
Odd.
It would seem either that none of them have any finance background or they do and are trying to get transaction payments to be as high as the fiat systems we all hate.
Pool mining means that indeed you are using a pool as a bank unless you payout yourself with transactions that the bitcoin devs consider too small to use ...
p2pool, on the other hand, by default makes micro payments and thus you are guaranteed to fall into the transaction fee trap.
Nonsense. Confirming transactions has an operational cost: not even considering mining itself, storage across all the Bitcoin nodes isn't free. What's still missing and is on the road-map (look at the latest announcement for 0.8.2) is the creation of a market where miners and users will be able to find the right price for a transaction. Devs don't ignore the problem, they are designing a solution right now instead of whining about it.
Nearly all of my BTC is p2pool income and I don't have any problem with transaction fees (there are almost always <0.1% of my transactions which is far below the fees I know of). Miners with less hashrate could have problems but there too the p2pool devs are designing a solution instead of whining...
In case people didn't notice, Bitcoin is still in development (notice the major version number? 0?) arguing about deficiencies in an unfinished product nobody forces you to use is just trolling. kano, last time I checked you can code, why don't you go help with the solution instead of wasting your time spreading FUD?
