If we add more decimals to non-base layers, it should be fine but if it is increased at the base layer (bitcoin) it would cause more sats to be minted, right?
Probably still never surpass 21 million but technically it would βmintβ new sats?
If we add more decimals to non-base layers, it should be fine but if it is increased at the base layer (bitcoin) it would cause more sats to be minted, right?
Probably still never surpass 21 million but technically it would βmintβ new sats?
No.
There will only ever be ~21m btc
This would add nothing except make btc more divisible.
What we can agree on is it wont be more than 21M, good there π€
If the 21m cap ever gets lifted btc failed miserably
Agreed π―
Unfortunately, the 21m cap is anchored in social agreement.
Everything is in the code we call bitcoin
Wen last time just 10 ppl agreed on something yet alone all the miners, node runners etc π
Very hard to change if not effectively impossible
Most folks here see the benefit of a cap on inflation. I am among them. But think about two or three generations from now. Also consider the number of alt-coins that do not have a limit on inflation. Also consider the changes that already have happened.
All valid, only time will tell ππ«