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My concern isn't with individual bitcoin users but governments, what if a government spammed the network with say $1 Billion dollars worth of tiny dust transactions, including fees? The backlog of unconfirmed transactions would seem to effectively render the blockchain useless at that point and people would no longer have trust in or want to wait for transactions to confirm. This seems like it could be a major issue for the protocol...are their any defenses in place currently for some type of attack like this?
1It would take significantly less than a billion dollars to render Bitcoin completely inoperable. – Anonymous – 2015-07-17T05:41:15.987