The scaling by block capacity was always a no brainer.
Then why ever limit the block size? Hmm?
The limit only has sense in case of 0 Bitcoin value, at the beginnings. This is only spam protection where it costs 0 to send.
Now it will be removed to enable true open competition between all the network participants.
Any limit / rule you introduce has a dictatorship / comunism like origin / effect and is strong sign of central power (like a dev team + PoSM has).
The less rules, the more open and true competition allowing a system is and its not governed by a central entity.
Watch BSV, the roadmap is here and no need of Satoshi is included any longer, cause he initially set the rules in stone.
That is actually the reason why so many start crying against, since they want that power, and want to alter rules. So open competition is not what core teams like ...
Hal Finney seemed to understand it back in 2010.
Actually there is a very good reason for Bitcoin-backed banks to exist, issuing their own digital cash currency, redeemable for bitcoins. Bitcoin itself cannot scale to have every single financial transaction in the world be broadcast to everyone and included in the block chain. There needs to be a secondary level of payment systems which is lighter weight and more efficient. Likewise, the time needed for Bitcoin transactions to finalize will be impractical for medium to large value purchases.
People who think 'Electronic Cash' simply means an asset designed for small daily payments (and need to have no fees and instant confirmations) need to read the Cypherpunk Manifesto:
https://www.activism.net/cypherpunk/manifesto.htmlPrivacy is necessary for an open society in the electronic age. Privacy is not secrecy. A private matter is something one doesn't want the whole world to know, but a secret matter is something one doesn't want anybody to know. Privacy is the power to selectively reveal oneself to the world.
Therefore, privacy in an open society requires anonymous transaction systems. Until now, cash has been the primary such system. An anonymous transaction system is not a secret transaction system. An anonymous system empowers individuals to reveal their identity when desired and only when desired; this is the essence of privacy.
We must defend our own privacy if we expect to have any. We must come together and create systems which allow anonymous transactions to take place. People have been defending their own privacy for centuries with whispers, darkness, envelopes, closed doors, secret handshakes, and couriers. The technologies of the past did not allow for strong privacy, but electronic technologies do.
Cypherpunks write code. We know that someone has to write software to defend privacy, and since we can't get privacy unless we all do, we're going to write it. We publish our code so that our fellow Cypherpunks may practice and play with it. Our code is free for all to use, worldwide. We don't much care if you don't approve of the software we write. We know that software can't be destroyed and that a widely dispersed system can't be shut down.