I don't think it really matters. Setting a hard block size limit and sticking with it is a good idea. Bitcoin isn't meant to replace Mastercard, it's meant to replace physical transport of gold - so anything less than $1000 transaction fees is winning. Higher fees make bigger block rewards, which will become more and more important as the block subsidy decreases.

If Blockstream wants to forbid people paying 100k to put their dick pics on the blockchain, what are they going to do, change IsStandard() ? Cool now you need to pay a mining pool. Change consensus rules? That's a hard fork so forget it.

> 2011-08-25 18:54:55 <cjdelisle> ran out of prayers?! That explains the price drop.
https://bitcoinstrings.com/blk00003.txt