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RE: Crypto Continues To SWALLOW The World's Wealth: 2018 Is Gonna Be NUTS / Coinbase Boycott? lol / Much More News!
1 GB has already been tested on BCH and can handle beyond Visa level loads. See Peter Rizen from Bitcoin Unlimited. You can see his presentation on You Tube.
I'm already aware of this, but what hasn't been tested is the effect mining centralization will have. At 1 GB, I'd have to buy a new 4 TB HD every day just to keep up and sending that through my internet is impossible. It would cut me out of the participation process of securing the network. Only those with deep pockets could participate. Once mining is in the hands of a centralized few, then come the government regulators...