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Lysander Spooner
eb362a4ad5c55e5ff02ceda83eaab5dbf4e8be07abec25615bb2e3ebbff7bd61
Nostrich conservationist - Slavery abolishionist#Nostr #nocoiner

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

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.

You found one! #[1] "we know where it's going long-term" is that based on the "21M limit" psyop?

There will be 14 X more sats than we have cents in circulation.

The sat is the indivisible, fundamental unit of BTC.

The cent is the indivisible, fundamental unit of USD.

BTC is simply a collective noun for "100 million sats".

USD is simply a collective noun for "100 cents".

There will be 21 million BTC aka "2,100 trillion sats" in total circulation.

There are 1.5 trillion USD aka "150 trillion cents" in total circulation.

There will be 14 X more sats than we have cents in circulation.

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.

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.

There are 14 X more sats than cents in circulation.

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.

2,100 trillion fundamental units of BTC.

Know how many USD cents there are in circulation? 150 trillion

Your example is so obviously flawed, it's no wonder you have trouble with these concepts. When you say "making it $2,000" you switch from talking about utility to valuation.

I never claimed the valuation of a sat is the same as the valuation of a BTC. I said the utility of a sat is the same as the utility of a BTC.

Which makes the SAT the fundamental "unit" of Bitcoin, and the BTC simply a collective noun for 100,000,000 units.

The number of units is not 21M but 2 quadrillion 100 trillion.

My guess is Bitcoin is the global digital currency developed by the WEF and LSE. They control 'both options' and CBDC vs. Bitcoin is no different than Republicans vs. Democrats. We know how they work. Never run to *the* presented monopolar solution.

Always planned that way, since at least Jan 1989. That this is about Bitcoin has been my careful opinion since 2014:

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).

That's not insight, that's called a tautology. A = A doesn't communicate any wisdom, just the illusory response of feeling right, which our monkey brains associate with wisdom.

#[4] That Saylor and Bukele lost is a realized fact of history. Both expected the price to go up because they thought a wise central planner (whose identity is hidden) could mathematically enforce deflationary effects, through centrally planning the rate of supply and deploying Keynesian tactics such as "the halving".

So you can skip pretending this is a case of a few people failing to "time the market". It's a case of a central plan shown to have no clothes when it meets the market.

"Nobody knows the exchange rate tomorrow, next month nor next year" is a sly change of tune for someone who tells the world Bitcoin is mathematically guaranteed to increase in relative value over time to other goods and services. Central planning fails. This central plan failed. Bitcoin has even managed to outpace the dollar's inflation.

Saylor is $1.3BN down and you're trying to imply he would have bought early anyway if he knew what the price would be today. Bukele down over 50% and you suggest the same? That's some serious cope, can I have a hit?

CBDCs are the bogeyman, the globalist's new digital global currency has always been Bitcoin. AMA.

Yuss! One of the only Nostriches who hasn't voided Nostr's killer feature by having my pubkey tied to another identity in another database.