That seems like quite a leap, and based entirely on your belief and not facts.
The fact is that Satoshi put in the 1 MB limit. And then users in that thread I linked to were clamoring for (i.e. putting pressure on) Satoshi to accept a patch to increase the block size. The fact is that Satoshi replied to that thread and did not accept the patch and provided the excuse that it could be done in the future, but the fact is he never did and he disappeared a couple of months after that. Facts are facts.
My simple, moderately priced desktop can easily handle 16MB blocks. Cox Communication is now offering 300mbps bandwidth and its only going up. Storage is now in the TBs.
Irrelevant. You seem to be ignoring the economic game theory. See my first reply to you where I quoted a research paper. You seem to be ignoring that research paper. Granted that research is only a model and a simulation, but I find it to be credible.
What is your problem with bigger blocks?
I want scaling, but not if it breaks Bitcoin. I depend on Bitcoin primarily to be the way to move value from fiat into our crypto ecosystem and provide a stable reference point for trading capital between altcoins; thus $10 transaction fees is not a problem for that use case. Note I am also working on my own altcoin which will scale. Steem also scales (but arguably not decentralized as it is arguably controlled by the whales).
If some cartel or mob-of-users could violate Bitcoin’s immutability (but you can’t as you will soon learn by losing your BTC on a fork), then they could also increase the 21 million coin supply in the future as well.
There is no specific block size increase that will be enough to handle the volume of transactions the Internet will need. It will need to be perpetually raised. And the only way to keep on raising it is to have an oligarchy in control of it. Unlimited block size would cause Bitcoin to become non-functional as is explained in the research paper I quoted for you. I know it does not make sense to simpletons, but I am actually a programmer who is capable of comprehending research.
Increasing the block size, decreases Bitcoin’s value from a finance analysis.
There is no clear consensus, thus it is dilutive.
The research I had quoted for you explains that the faster Bitcoin grows transaction revenue per block, the sooner the game theory kicks in for Bitcoin such that it stops working.
Keeping the block size small (discouraging transaction volume growth) delays the demise portended by that research; thus giving us more time while we try to find an altcoin technology which can scale decentralized. Maybe Bitcoin was only put here to help us get to through the imminent global economic crisis and not be permanently viable (the block reward is nearing 0 after next decade).
RE: Shocking Crisis Coming to Cryptocurrency (in Sept?)