It might help to keep the minimum transaction size above an amount which a typical user would be able to accumulate with one computer, so that users have to trade with each other for someone to collect enough to cash in. Aggregators would set up shop to buy bitcoins in smaller increments, which would add confidence in users ability to sell bitcoins if there are more available buyers than just you.
That might be a good idea.
That would be more powerful if there was also some narrow product market to use it for. Some virtual currencies like Tencent’s Q coin have made headway with virtual goods. It would be sweet if there was some way to horn in on a market like that as the official virtual currency gets clamped down on with limitations. Not saying it can’t work without something, but a ready specific transaction need that it fills would increase the certainty of success.
Bitcoin could be promoted to the users of virtual communities like
World of Warcraft and Second Life, which both have millions of users.
It would be great if not only peer-to-peer item traders, but also
providers of some existing virtual services that already have a lot of
customers, were to adopt the currency early on.
A programming question: What do you think about using the Boost’s
program_options to write settings like the transaction fee into a file
bitcoin.config? Or is it better to save them in the database as it is
now? Having a config file would make it easier to change the settings
when running the program on a remote server with a console access only.
Source: Published by Martti Malmi on GitHub in February 2024 as part of his testimony in the COPA v. Wright trial. The full correspondence archive is available at mmalmi.github.io/satoshi/.