In order for the Bitcoin Network to scale globally, #bitcoin the asset needs to scale up - it's divisibility
Discussion
Or competing proof of work networks and let the free market decide the exchange rate among them. It's possibly where the Bitcoin maxis could be wrong about shitcoins... Probably not, but if there's something they got wrong that's most likely it.
Would you mind you elaborate ?
At $100,000 one Sat is 0.1 dollar cent.
At $1million a Sat would be 1 dollar cent.
Why would we need more divisibility ?
And on LN we have sub Sats right now.
Do I miss something ?
Are you talking about a country where one Sat has a too high value to he usable?
Satoshi program Bitcoin to be divisible to accommodate value store
More good and services for less and less bitcoin over time