If BTC ever reaches $1M per coin, then the lowest denomination of currency, sats, would be equal to 1 penny. As 1 sat surpasses 1ยข, BTC becomes LESS useful since it can't handle small transactions. Diminishing utility will drive the price down. Thus the maximum stable price of BTC is $1M.
>>59238278BTC needs more. Something like say 18 decimals
>>59238315Yep it's all been fake since we got off the gold standard. What is your point though, exactly? Is there some alternative you'd like to share?
>>59238372
>>59238278the problem with BTC simply is that it can't scale, never could. It's useful for gambling, that's it.
>>59238443Normies have no idea how to tell if silver is real or just some other metal. So when you're trying to barter with silver coins most people will not accept what they deem as worthless metal discs
>>59238480>most people will not acceptYet.
>>59238278LN already goes down much finer grained, by that time, that's what your grandma will be using (unbeknownst to her) to buy her vanilla wafers and werther's originals
>>59238619My grandma is dead
>>59238315>made up captions of some construct that came into existence in a random 4channer's head
>>59239298>made up captions of some construct that came into existenceHmmm, almost sounds like BTC...
>>59238579I agree with this>>59238443But not this. It is not an accepted currency by normies>>59238480Because of this
>>59238480Low iq take. Gold and silver coinage was used through out history
Crypto isnt very divisible if the other party doesnt have the payment processors or the devices required.
Crypto is not scarce at all.
>>59240648>seed phrase expirationYou people are just making things up now aren't you. Explain what that is, how it happens, then show an example.
>>59240662>worthless forks that no one uses exist therefore 21m real BTC is no longer scarceDemonstrating that low IQ again.
>>59238796My condolences anon. I didn't know. This changes everything.
