I stopped when he flubbed the first point. No, it’s not correct users have to just hope big miners will mine their transactions.
For two reasons:
1. They pay them. Do you trust “big grocery” will provide you food, or did you start a farm in your yard?
2. If that trust were ever broken, millions of bitcoiners who can easily afford to lose $10 a month can mine them. Despite there being no such censorship happening, these uneconomic miners are already a rapidly growing group. Bitcoiners are acutely aware of the state of the mempool.
For two reasons:
1. They pay them. Do you trust “big grocery” will provide you food, or did you start a farm in your yard?
2. If that trust were ever broken, millions of bitcoiners who can easily afford to lose $10 a month can mine them. Despite there being no such censorship happening, these uneconomic miners are already a rapidly growing group. Bitcoiners are acutely aware of the state of the mempool.