2015-07-06 10:39 GMT+09:00 James A. Donald <[1]jamesd@echeque.com>:

   Way back in the beginning I said an ever growing block chain would
   cause unacceptable costs and inconvenience, and lo and behold, it is
   causing substantial and ever growing costs and inconvenience.

   It is, but also it really isn't. Spending an hour of my lawyer talks to
   your lawyer costs more than the whole blockchain, including operational
   costs, for a long time. If you'd like to do anything with a bank, for a
   fraction of the features at IMMENSELY OVERSIZED WTF prices - just the
   time spent negotiating it is outrageously more expensive. We're nowhere
   near unacceptable, and it doesn't seem we will ever be. It's something
   to think about, and you'll have to use SPV/API's in many cases where
   there would be some value to not having to use them. That's definitely
   not convenient, but also not that big a deal.
   Juan:

         But look at the bright side! Every single transaction gets
             recorded and stored, until jesus destroys the universe (it's
     in
             the bible). What else can privacy advocates wish for?

   Bitcoin is often misrepresented to be:
    * Private
    * Free
    * Promoting equality (it does the /exact/ opposite!)
    * Jesus
   Don't play a satire of the shims, Juan. Whales pay liars, just ignore
   people's words and hear their arguments. The only thing that's hard is
   realizing so few are doing it.

References

   1. mailto:jamesd@echeque.com