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Replying to Avatar Lysander Spooner

No, there's 4 quadrillion units. The 21M is a psyop that doesn't apply, because the units are divisible without losing utility.

If you cut a banana in half, it doesn't full two people the same as a whole banana each. If you cut a tractor in 10 pieces, you don't have the same utility as 10 tractors.

Not so with Bitcoin. A division of a Bitcoin fulfills the same purpose as a whole Bitcoin. It loses no utility on account of it's division.

If you could slice a banana into 100 pieces and each piece still satisfied the same wants as a full banana, you have effectively expanded the supply of whole bananas.

The supply of units on the Bitcoin blockchain will be 4 quadrillion, if we imagine it will never ever change (tho that requires less sign-off than a Fed interest rate hike).

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Peter Todd 2y ago

You realize that Lightning already subdivides sats into millisats...

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Secretary Janet Yellen 2y ago

You just turned his tractor into dust!

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Lysander Spooner 2y ago

How many? Then the situation is even more dire!

There are only 150 trillion cents in global circulation, The fundamental indivisible unit of USD. There will be 2,100 trillion sats in circulation, and it's not even the fundamental indivisible unit? That's already 14X

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