You met Joe while grabbing a cup of joe ! <| sep |> Much worse or much better ? Depends on your understanding of the value of Bitcoin . On the one hand , you are correct . Cheap transactions on chain are doomed . Even with an 8 X blocksize limit increase . But only because Bitcoin is becoming a high powered money . High fees are a barrier to entry to the blockchain . Good and necessary to preserve Bitcoin ' s most precious attribute , trustless . If fees rise , its because people are paying them . A simplistic blocksize bump solves none of the big problems . Keeping Bitcoin trustless , the only money in human history orher than Bullion to have such attribute is far far more valuable than short term adoption . At the heart of a new peer to peer financial system , we need a high powered trust free money . ,