Replying to Avatar Common Sense

nope, the pound’s etymology relates to sound money

it is the change in the scarcity of lebanese pounds that ruined its relative value

associating bitcoin’s brand and etymology to its actual units doesn’t change its scarcity
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Lebanese Hodl 7mo ago

Good luck explaining to people that 2.1 quadrillion bitcoin is more scarce than $21.76 trillion USD

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Common Sense 7mo ago

scarcity has everything to do with the strength of the ratio and nothing to do with the numerals of the numerator and denominator

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Lebanese Hodl 7mo ago

You and I know this. People that supposedly are unable to comprehend decimals will just see a bigger number of Bitcoin compared to the USD money supply.

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Common Sense 7mo ago

bitcoin’s UX should be designed for the people of the world of which the vast majority struggle with small decimals… not just designed for you and me

don’t massively shrink the total addressable economic market because you hold a tradition sacred or your savings are in a niche currency and most people are going to be buying wrapped (not bitcoin) bitcoin

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inpc 7mo ago

Maybe the answer is more decimal points? We have to try and think like normal people and I’m pretty sure normal people like decimal points so having lots of them would be good.

21.0.0.0.0.0.0 will be much easier. I met a normal person once, which is probably more than Jack Dorsey.