Hector Martin

But if we just want to double the number of *transactions* supported, naively doubling the blocksize achieves this.

Anyway, this is progress. Is your point that bitcoin is stupid *because* everyone has to store all the transactions?

That was an example of another inherent problem with the network. Another is the O(n²) bandwidth requirement for the same reason (must receive all transactions, not just your own) which blocksize doubling can't fix.

Basuically what i'm saying is the scaling properties are fundamentally broken; no constant improvement by using more efficient encodings or increasing sizes or what have you will fix it, and I do not believe a deep fundamental change would achieve consensus and work in practice.

Basically, you need a better altcoin with some deep fundamental design changes. There's no real, practical way to fix the Bitcoin network, in my opinion.

Oh so whats your altcoin? What's the fix for this?

I don't know. Many approaches are being tried, it's not clear yet which will succeed and whether all of these problems will be addressed and whether others will arise.

Ok, so right now you're just whining. To be clear you have good points, but they were all raised day 1 of bitcoin (power, storage, bandwidth). People are working on it. Whiners don't really help. Pitch in, think about it. These aren't new problems that dev's aren't aware of.