3 ms·

Infinite divisibility.

• qubex 7y ago
  I assume you’re joking. In the sad case that you’re not, what:’s the difference between “infinite divisibility” of a bitcoin and, say (for the sake of argument) joint ownership (perhaps through shareholding of a firm with a single monetary asset) of a single dollar cent?
  • hndamien 7y ago
    Your share-holding of the firm can be diluted by an investor that brings $10 to the table. You don't maintain custody of the asset, unless you are using bearer instrument, in which case, your infinite divisibility, security and monetary properties are going to be pretty weak compared to Bitcoin.
    • qubex 7y ago
      You’re splitting hairs here so I might as well go sub-atomic: my default there is no automatic right for one shareholder to out-dilute others, and it would be illogical to use $10 to swamp the possession of a firm whose only asset is a single cent. Besides which, one could easily institute a shareholder agreement that expressly bans such acts.