You're wrong. 1 #Bitcoin = 1 Bitcoin because it always will be 1/21,000,000
1 dollar will always be 1/∞
Discussion
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).
If you cut one #Bitcoin into 100 pieces, you don't have 100 bitcoins.
Or are you willing to sell me one bitcoin for 1 satoshi?
Answer this question before writing down another retarded opinion, please.
Never said you did. You maxis are so economically astute you can't tell the difference between utility and valuation.
The cent is the indivisible, fundamental unit of USD.
USD is then simply a collective noun for "100 cents".
There are 1.5 trillion USD aka "150 trillion cents" in total circulation.
The sat is the indivisible, fundamental unit of BTC.
BTC is then simply a collective noun for "100 million sats".
There will be 21 million BTC aka "2100 trillion sats" in total circulation.
There will be 14 X more sats than we have cents in circulation.
100,000,000 X 21,000,000 does not equal 4 quadrillion.
I was surprised to see that number too but #[4] seems to struggle with more than a simple math.
Well done! It's only 2 quadrillion 100 trillion.
2.1
2,100 trillion fundamental units of BTC.
Know how many USD cents there are in circulation? 150 trillion
As in, total amount of USD in circulation is estimated at 1.5 trillion dollars
x 100 cents per dollar = 150 trillion cents, the fundamental indivisible unit of USD.
There are 14 X more fundamental units of BTC than USD.
Well, there was never a hard cap on any currency, fiat or backed. If backed by gold or some other precious commodity then they would print more as it was pulled from the ground. If fiat then, well, you know.
Why would it ever need to be raised to inflate vs the cent? Is Earth's population gonna 14 X?
PS: The BTC cap is easier to change than the Fed interest rate. 6, now 5 devs with write access. No one ever called a fork the real deal. The 21M cap doesn't even appear in the white paper. Sorry, The 2 quadrillion 100 trillion cap.
#[9] Cents after 110 years are 14 X scarcer than sats after 15 years.
#[9] the USD could keep printing at the median rate since its founding and it would take 1540 years before sats are scarcer than cents LOL!
You need to talk to the bitcoin pizza lady.
You realize that Lightning already subdivides sats into millisats...
You just turned his tractor into dust!
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