What happen if bitcoin will stick to 1mb blocks?
blocks will start to become filled constantly, fee's will go up, micro transactions will be forced of-chain ( or to complex to really be worth doing ) small transactions (<100$) will be more costly, might get to the point where fees are not competitive ( people start using paypal or the likes to move money more efficiently), suddenly buying everyday things with bitcoins becomes a funny idea, Bitpay will go out of businesses, seeing how a large % of speculation was speculating bitcoin would one day become a use able currency its value will implode, bitcoin will revert to its 2012 state / value, and then its downhill from there as ETH accidentally becomes a better form of currency without silly blocklimit debates stopping there scaling toward world domination.
blocks will start to become filled constantly, fee's will go up, micro transactions will be forced of-chain ( or to complex to really be worth doing ) small transactions (<100$) will be more costly, might get to the point where fees are not competitive ( people start using paypal or the likes to move money more efficiently), suddenly buying everyday things with bitcoins becomes a funny idea, Bitpay will go out of businesses, seeing how a large % of speculation was speculating bitcoin would one day become a use able currency its value will implode, bitcoin will revert to its 2012 state / value, and then its downhill from there as ETH accidentally becomes a better form of currency without silly blocklimit debates stopping there scaling toward world domination.
Yes, because everyone knows that censorship-proof money has no value unless you can buy candy bars with it.
Censorship-proof money that scales and can buy candy bars and bitcafees is much more valuable though.
