"Couldn't #Bitcoin be inflated by dividing it further from 100m subunits to 1b?"
Making #Bitcoin more divisible allows "enough tender" to power commerce w/o diluting ownership.
There are only 21m #Bitcoin no matter how many subunits are chosen to facilitate the world economy.
I know. This is one of the most idiotic arguments brought forth by imbeciles like Peter Schiff
The morally right thing to do is to refrain from altering the code in order to obtain more slices of pizza. Regardless of the size of the pizza slices, I consistently eat three slices, and that won't change even if the slices are smaller.
Well the deflationary nature of technology means over time you should require less slices to feed yourself to the same level as you do now.
Yup, and somewhere way down the road it's not hard to imagine needing more tender by way of further division of #Bitcoin to facilitate the global economy.
Yes somewhere way down. The supply is fixed and sats are lost forever all the time. Bitcoin is just an accurate measuring stick. Just because we zoom in more doesn't mean our measuring sticks change at all.
We can not control the economy anymore than the weather. But using tools to actually measure were able to use the money we have more appropriately. Better savings better investment. Better money incentives.
Microsats already exist off chain, they just aren't particularly useful yet.
By the time we get to dollar sat parity, we won't be using the timechain to purchase consumables.
