SΔ on Nostr: Tribalism and ideology don't help here. I'm neither a big nor a small blocker and I ...

Tribalism and ideology don't help here. I'm neither a big nor a small blocker and I don't see how these labels can be meaning- or helpful. Am I a big blocker for running a segwit node? At least it''s an increase of blockspace up to 4x, right? Are you a true small blocker? Do you advocate for 100kb blocks then? Nah it's not as fractionable as gold. It's very different. The smallest usable fraction of a bitcoin varies and has to get bigger and bigger over time (increasing dust limit) since block space is limited and fees will have to rise if you don't want Bitcoin to be dead at some point. In contrast the transaction cost of a gold coin doesn't rise with increasing usage. It doesn't matter that the smallest fraction is 1 sat. You can't move 1 sat economically on the base-layer. I was very clear about what I critized. The bad thing isn't fractional reserve banking or paper bitcoin per se (they will or will not emerge on a free market whether you like it or not). Things just get unacceptable to me if one isn't able to redeem the actual basemoney anymore unless he / she is a big bag holder. The cost should be at a reasonable level. What is reasonable and what not has to be evaluated by the free market. This is not up to me. Maybe people will be fine with building the same shitty custodial IOU system again where only the plutocrats will run bitcoin nodes and make the decisions because average Joe doesn't interact with the baselayer anyway so why should he care to run a node? At least I won't stick to Bitcoin (only) if the redeemability will be merely dependent on trust into custodians. I've really no interest in that.