Hacker News Reader

Incorrect. The fact is the network lacked the capacity to handle the requested number of transactions, and in turn auctioned off the tickets to the lifeboat to whoever paid the most.

You’re arguing “nobody died in the titanic that didn’t pay enough”, when the problem is clearly there aren’t enough lifeboats.

why are you equating space on a global ledger with space on a lifeboat?

It's called an analogy.

The market doesn't function when people can't transact freely. Price signals get distorted. When the blockchain is frozen, we don't know the actual supply and demand of Bitcoin.

Bitcoin Cash fixes Bitcoin by providing a capacity market, where transactions can cost whatever nodes / miners can compete at.

https://bitcoin.stackexchange.com/questions/43155/do-unconfi...

K thx bay