Traditional Investors Reveal Their Opinions on Bitcoin as Price Holds Near Record Levels

Several traditional investors have issued their opinions about Bitcoin as it continues to soar to record highs. During morning trading on December 8, 2017, the currency traded above $ 16,000 per token and even reached more than $ 18,000 in one market. Due to its phenomenal trading performance, …
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Blocksize would need to become 555 MB in size for bitcoin to scale to VISA levels. +80 GB blocksize, EVERY DAY. This is why we have segwit and 2nd layer, and why BCH is doomed to fail.

This is what "big blocks introduce centralization" mean. When we scale to VISA levels, blockchain would grow 78 TB/Year. Not even mentioning what kind of hardware (besides storage) will be needed to confirm all those transactions. BCH developers couldn't see 2 weeks into the future when they coded in EDA. No suprise they are failing to see couple years in. All miners want is $ $ $ from transactions, not eventual world domination of bitcoin. UASF was a great success, thank you all for making it happen!
Edit: Someone provided better data that shows VISA processed 141 billion tx in 2016. That is 4471 tx/sec! We would need 1.49 GB blocksize to process this, and it would grow blockchain by 214 GB every day, and 78 TB every year!

submitted by /u/Markers34
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