<div dir="ltr"><div class="gmail_extra"><div class="gmail_quote">On Thu, Jul 30, 2015 at 9:52 AM, Thomas Zander via bitcoin-dev <span dir="ltr"><<a href="mailto:bitcoin-dev@lists.linuxfoundation.org" target="_blank">bitcoin-dev@lists.linuxfoundation.org</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex"><div id=":101l" class="a3s" style="overflow:hidden">What makes you think that when there is such a low availability of transaction<br>
space that paying to be included costs you $10, that Bitcoin is not going to<br>
be outcompeted and replaced or otherwise regarded as worthless?</div></blockquote></div><br>Ah, well that's simple. Because any decentralized system is going to have high transaction costs and scarcity anyway. So far the only mechanism we know for how to do this is something like bitcoin. As a centralized system, bitcoin is already strongly outcompeted by many, many other designs, so that shouldn't be very surprising I think.<br><div><br></div><div class="gmail_signature">- Bryan<br><a href="http://heybryan.org/" target="_blank">http://heybryan.org/</a><br>1 512 203 0507</div>
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