I heard this argument before. It doesnât matter what the protocol level is IMO. And to suggest the scarcity perception changes that come with it donât matter, seems bizarre to me.
âThere is no such thing as words. There are only letters that make up the words, so now we call letters, wordsâ
The real argument is this: once we hit $1M per whole coin, it wonât make sense to price it in that way. At $1M per BTC, a satoshi costs $0.01. Sat/cent parity.
Thatâs when we do a one time 1:100,000,000 âsplitâ and move the decimal 8 places.
We will need to agree to disagree here, I think.
It looks like you have smuggled in âit wonât make senseâ without specifying why, as if it is a given people would just agree with.
For me âthere will only be 21m bitcoinâ is more powerful an argument to not mess with it.
The entire premise of bitcoin is its fixed supply. No hand waving will obfuscate the fact that there are now 1.2 quadrillion bitcoin - especially for those who already want to throw stones.
