Well in time 1 sats will be a fortune, if one believes that prices of things will fall forever as a consequence of an absolute scarcity that absorbs every productivity gain forever.

But first we have to get to the bitcoin singularity, where it is really impossible to stop it or seriously harm it without blowing the world into pieces.

I don’t think we’re there yet. I think that it is possible to arrest its development for many years, without blowing the world into fragments, even if I don’t hold it to be probable at all.

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