- is necessary
- can contribute to support of a real solution for scaling
- is safe
- does not compromise the security and autonomy of the solution which is the most important and valuable thing about Bitcoin to me.
In no way, shape, or form is allowing nearly free purchases of frappacino worth sacrificing any of the above mentioned aspects. If Bitcoin were going to 'take off' under near-free transaction fees it would have done so within the last decade when the infrastructure was supported by inflation alone and fees were negligible. That it did not means that there is really no demand for native Bitcoin used in that role and other solutions are simply more competitive.
I have hope that frappacino-coin will be implemented as a sidecoin so in reality Bitcoin will be used for such purposes but in a way which is safe, scalable, flexible, and highly robust. Best of all worlds with no tangible downsides...except that it will blow up any hopes that TPTB would have of tracking. The fact that the pre-mature seeming thrust to do the BitcoinXT hostile takeover happened leads me to believe that sidechains will actually work quite well and there was really no choice but to try to do it as a hail Mary and hope for the best.
This guy... makes a lot of sense.