A payment system's fees need to be 1-2% at most to match credit cards. I remember fees going as high as $80 for a transaction back in the day, so that means you could only reasonably use bitcoin for a minimum of $1000-$10,0000 when fees were the worst. But in reality, Bitcoin can be .000001% (I put a random number of zeroes don't take it literally).
Additionally you're trying to "protect the blockchain" by having people never able to use it. Surely you see the absurdity.
If Bitcoin ever hit Visa scale, there'd be no problem with only well-capitalized miners maintaining a full chain. It's really not an issue, but frankly you should cross that bridge when we get to it anyway. In actuality Bitcoin was hard limited at 3-7 transactions/sec for no reason whatsoever.
A payment system's fees need to be 1-2% at most to match credit cards. I remember fees going as high as $80 for a transaction back in the day, so that means you could only reasonably use bitcoin for a minimum of $1000-$10,0000 when fees were the worst. But in reality, Bitcoin can be .000001% (I put a random number of zeroes don't take it literally).
Additionally you're trying to "protect the blockchain" by having people never able to use it. Surely you see the absurdity.
If Bitcoin ever hit Visa scale, there'd be no problem with only well-capitalized miners maintaining a full chain. It's really not an issue, but frankly you should cross that bridge when we get to it anyway. In actuality Bitcoin was hard limited at 3-7 transactions/sec for no reason whatsoever.