This increase in fees can either be a larger amount paid by each individual user, or better yet (in my view) a greater number of users paying fees. If we arbitrarily limit the number of transactions per block to something that could fit neatly into a floppy disk (and still have a bit of space left over), we are also arbitrarily limiting the amount of fees that can be collected per block. There needs to be a balance struck to ensure there is space enough for legitimate fee-paying transactions, but not so much space that most of the traffic being processed doesn't give any reward for the miners securing the network.
Our user base would need to be 10 times what it is today to secure the network at its current level after the mining reward drop.
We have run out of time. We need to start paying for our network now. If Trump becomes the leader of the free world Bitcoin will likely be banned in the US. A bloated network can't run over tor. We need a lean and mean network that's self sufficient and secure.
