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* How long can bitcoin last until it the satoshi (the minimum divisible unit of currency) is greater than a stick of gum? Let's use a hypothetical 'n
by stevenrace 14y ago
* How long can bitcoin last until it the satoshi
(the minimum divisible unit of currency)
is greater than a stick of gum?
Let's use a hypothetical 'nfc->btc' enabled gumball dispenser. And keep with $0.25 market rate.
A 'satoshi' is .00000001 btc. You'd need btc to equal $25,000,000 - or 250,000 trillions of dollar in market cap (assuming 100 million current coins) for a gumball to be priced at 1 satoshi.
Even being able to 'move the zero' in code later, we'll be fine for sometime...