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There's 3x10^21 gold atoms in every gram. You might have difficulty measuring out two atoms of gold to change hands, but that's dwarfed by the difficulty in me
by jodrellblank 5y ago
There's 3x10^21 gold atoms in every gram.
You might have difficulty measuring out two atoms of gold to change hands, but that's dwarfed by the difficulty in measuring out two Satoshis - given that they aren't a physical thing at all. So, if you can keep track of it with Satoshis, why couldn't you keep track of it with gold atoms?
That is, if your position is "Bitcoin isn't limited like gold because of Satoshis" then the same argument works equally well for gold with atoms, doesn't it?
That is, gold can't represent the entire economy because nobody would pay so much for a gram of gold, but why would they then pay that much for a quanity of the even less physical Bitcoin?
- bufferoverflow 5y agoYour argument doesn't work at all, because there's no difficulty counting satoshis.