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The price (and therefore value?) of satoshis rise/fall at the exact same rate as a price of a bitcoin, so I don't see how this invalidates their argument.
by yifanl 6y ago
The price (and therefore value?) of satoshis rise/fall at the exact same rate as a price of a bitcoin, so I don't see how this invalidates their argument.
- shlant 6y agoif you can acquire 0.0006USD worth of bitcoin then the price of bitcoin alone is not a limiting factor. Maybe if OP is talking about hundreds of years in the future and BTC is worth $1 Million+?
- hansvm 6y agoIf the USD were completely replaced with bitcoin (ignoring long transaction times and other garbage) you'd expect approximately 1BTC for every $1.3M currently in circulation. In just a few decades even a Satoshi would be worth the equivalent of $1+.