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For liquidity, what matters is that the VALUE of the liquidity is adequate. Whether you're trading full bitcoins or fractions of a bitcoin doesn't matter.
by drcode 14y ago
For liquidity, what matters is that the VALUE of the liquidity is adequate. Whether you're trading full bitcoins or fractions of a bitcoin doesn't matter.
- mpyne 14y agoBut as Bitcoin becomes more scarce won't it also become more valuable? And as it becomes more valuable, won't it be more likely that people refuse to spend it to hold onto that value?