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There are only 11 million bitcoins in existence, and there can never be more than 21 million, so it’s not a very liquid market. If a way ever emerges to b
by sciencerobot 14y ago
There are only 11 million bitcoins in existence, and there
can never be more than 21 million, so it’s not a very liquid
market. If a way ever emerges to break bitcoins up into even
smaller fractions, that might solve the problem
Bitcoins can be broken down.
1 BTC = 10^8 Satoshis.
So 21 million bitcoins are actually (21x10^6)x10^8 = 21x10^14 units of currency.