Replying to Avatar symbsrcool

#nostr I need your help

I have a very smart friend who thinks that because #bitcoin can be infinitely divisible, it is inflationary. I talked to him for more than an hour and could not find the right language to make him understand.

This is now the second smart friend I have who thinks that #bitcoin is inflationary because it can be infinitely divisible.

#nostr can you help me find the right language / proof to help them understand?
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ww 2y ago

It is not infinitely divisible. There will be 21 million Bitcoin and 2.1×10¹⁵ Satoshi, because every Bitcoin is 100.000.000 Satoshi.

The supply is fixed. Satoshis can't be split up any further.

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Diligent Ninja 2y ago

Yes they can. It will be a relatively simple change in the code to divide satoshis to 16 decimal places instead of 8.

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techfeudalist 2y ago

I remember hearing that some software already uses smaller units than sats.

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Diligent Ninja 2y ago

There's no reason why a person couldn't implement that change already. It doesn't violate the protocol rules in any way.