> The precision, and hence the quantity of BTC, can be increased in the future if necessary. The ability to subdivide BTC is irrelevant to the question of depr

> The precision, and hence the quantity of BTC, can be increased in the future if necessary. The ability to subdivide BTC is irrelevant to the question of depreciation. If 1 BTC goes from $10 USD to $20 USD, then 0.5 BTC goes from $5 USD to $10 USD. It doesn't change the money supply any more than slicing up a gold nugget creates more gold. Bitcoin is still inherently deflationary. All subdivision does is avoid imposing a minimum transaction size. Bitcoin is also unique in that a substantial portion of the total BTC that will ever exist have already been destroyed, as many early adopters abandoned or lost their wallets.