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Interesting point. But as bitcoin adoption (hypothetically) increases, its market cap should approach some significant fraction of m0. And m0 is presumably incr
by cshimmin 13y ago
Interesting point. But as bitcoin adoption (hypothetically) increases, its market cap should approach some significant fraction of m0. And m0 is presumably increasing with time, while the total supply of BC does not.
As others pointed out, this can supposedly be relieved by updating the protocol to allow greater divisibility.
- rejschaap 13y agoDidn't Bill Gates say that 21 million bitcoins ought to be enough for everybody?