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You can always move the decimal point. It's all just software, it's all mutable if you can get enough people to agree. (Not meaning to come off as a fanboy, I
by flir 5y ago
You can always move the decimal point. It's all just software, it's all mutable if you can get enough people to agree.
(Not meaning to come off as a fanboy, I think bitcoin==beaniebabies. I just don't think the "bad coins" problem is actually a problem, even if you consider Gresham's Law. Physical currencies have been through similar things and survived).
- idiotsecant 5y agoHistorically, BTC has not been willing to make changes like this. The community is culturally (and I would argue pathologically) opposed to even minor changes, which I think would be even more true when more divisibility would lead to potentially lowering the value of existing user's token by reducing scarcity. I'm not convinced such a change would be feasible given those constraints and if it's not the maximum divisibility of BTC is quite low assuming it becomes some kind of world currency - if I can only have ~250k 'units' of currency the smallest amount of 'money' I can spend becomes quite large.