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> Cryptocurrencies are most certainly divisible The parent asked "what happens when a piece of bread is worth less than 1 satoshi?" - as far as I know, one sat
by jjnoakes 9y ago
> Cryptocurrencies are most certainly divisible
The parent asked "what happens when a piece of bread is worth less than 1 satoshi?" - as far as I know, one satoshi is not divisible; am I mistaken?
- zwily 9y agoSantiago originally said if we need more than 8 decimal places, it can be done with an update. There’s nothing really fundamental in Bitcoin that is limiting it to 8 decimal places.
- beiller 9y agoYou should probably clarify that 1 satoshi = 0.00000001 bitcoins, the current smallest unit. Now people say "we can move the decimal point", but I believe they are stored as 64 bit integers. Which means the smallest unit is not infinitely divisible without moving to say 128 bit integers (which is not much _more_ of a hurdle, but still slightly higher effort than implied by adding more precision).