#bitcoin money supply is 21 Million #btc or 2100 Trillion #sats ?
#askNostr
mathematically they may be same - but they convey two different pictures ... that of scarcity v/s abundance !
#bitcoin money supply is 21 Million #btc or 2100 Trillion #sats ?
#askNostr
mathematically they may be same - but they convey two different pictures ... that of scarcity v/s abundance !
That's why I don't zap bitcoin
I guess that is the scarcity mindset that comes with when we use the unit #bitcoin in our minds .. if we train minds on sats , there are abundant #sats to #zap ...
If all of the goods, services, and assets on the entire planet were exchanged only for sats, on a global level even 2100 trillion sats would eventually find an equilibrium as a unit of account. Not to mention, sooooo many sats are never to be moved (spent) again.
Ditto.
Should we resolve to always claim #Bitcoin network has 21 Trillion tokens - #sats .. abundance..
Rather than being scare mindset of just 21 million #bitcoins ?
Scarcity makes it #gold .. abundance makes it money ..
#gold is NOT money .. let's get our definitions right .. it is not even an asset .. it is pure greed !