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Well the bitcoin supply is limited, so it's quite a big loss.
by Synaesthesia 3y ago
Well the bitcoin supply is limited, so it's quite a big loss.
- stavros 3y agoFor them! Due to the way the economy works, destroying money is actually a donation to everyone else who has money (deflation).
- mjburgess 3y agoStill hard to imagine this wasnt ever just laughed out the room immediately
- Cpoll 3y agoIt's infinitely divisible, so not in the same sense as the loss of any other limited item. There could be only one Bitcoin in existence and it wouldn't change the utility of the system.
- pests 3y agoHow do you send half a sataoshi?
- ProllyInfamous 3y agoGet all the verifier nodes to agree to increase the divisibility of BTC into sub-satoshi (e.g. via a BIP request approval). This will not be necessary for many generations.