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Replying to Avatar Laeserin

The thing about Bitcoin, is that it has a lot of decimal places, but so much of it is retired or holdled, that there isn't actually much of it liquid in the market. That is, after all, why the price rises so fast.

Most Bitcoiners will claim _both_, that we will be purchasing bubble gum and apples with Bitcoin, in 10 years, _and_ that each Bitcoin will be worth the equivalent of a (current) 1 billion USD. But that would mean that one current USD ยข would be 0.0001 sats, so a pack of gum for $0.69 would require 0.0069 sats. (I think, check my math ๐Ÿ™ˆ.)

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imnuso 1y ago

Using fractions of sats could become a thing. But as you said, it depends on what price forecasts you think will come true. Lots of uncertainty there. A 10M coin wouldn't have these problems.

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Laeserin 1y ago

Yeah, 10M is my still usable.

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