So, like, just moving the decimal place on Bitcoin to 16 rather than 8?
When Bitcoin cash forked from BTC, bitcoin holders automatically had BCH tokens, too.
#asknostr
So, like, just moving the decimal place on Bitcoin to 16 rather than 8?
When Bitcoin cash forked from BTC, bitcoin holders automatically had BCH tokens, too.
#asknostr
Yep just moving the decimal place.
I know it seems so obviously true but I want to prove that it’s true to convince one of my friends.
This is they key difference between fiat and bitcoin.
If you hold $1 and the government gets more, you don't have more, it's just worth less.
If you have 1 SAT and the decimal place is moved out another 8 spots.... You have 100000000 SATs. It didn't devalue what you have, it just made it more divisible.
This is why bitcoin will flourish, IMO, in theonh run. It's infinitely better.
gets=prints