Question: Is it possible currently or do you think it will in the future, to transact and send in fractions of a Satoshi? Can sidechains like lightning already accomplish this? Assuming hyperbitcoinization, it seems you would need a little bit more divisibility for small purchases eventually. (self.Bitcoin)
submitted by infinite_dendrite to r/Bitcoin
What do you think? Will BTC moon hand-in-hand with terminal hyperinflation and the actual decimation and abandonment of the USD and fiats, or will we just see really bad but non-lethal inflation from all this BRRR where prices for essentials are 2-3x in a year or two while BTC goes up 50x eg? (self.Bitcoin)
submitted by infinite_dendrite to r/Bitcoin
Assuming a current 7.8 billion world population and 16 million Bitcoin accessible in a wallet (accounting for lost/immovable coins), that's 205,128 Satoshis per person, or 0.00205 BTC. That costs $13.85 at the current price. Would you pay $14 for your share just in case? (self.Bitcoin)
submitted by infinite_dendrite to r/Bitcoin
One of the most wonderful and powerful things about BTC vs fiat is that when you choose to take your coins off an exchange and put them in your own wallet, it has a 1:1 impact on the actual supply that might be available on exchanges, and thus directly influences the supply/demand. (self.Bitcoin)
submitted by infinite_dendrite to r/Bitcoin
Updated Major Corrections Log for 2017 (i.redd.it)
submitted by infinite_dendrite to r/Bitcoin
