[andrewmcwatters]

What? That's like saying it's okay if there's only 21 million US dollars, they can be divided into pennies.

Bitcoin has no intrinsic value. Gold does. There's no long-term investment there when even pizza places and Steam think the "currency" is bunk.

It's one thing if Goldman Sachs thinks the currency is worthless, but another issue entirely if the digital equivalent of Circle-K won't accept your virtual dollary-doos.

Let's see, would I rather invest in a company like Intel whose processors are in every American home, or McDonalds whose an international brand, or in Bitcoin whose sole usage is relegated to druggies and sole investment limited to grandmas and millennials who think they're going to strike it rich?

It's pogs for adults.

[ttoinou]

I didn't say it was "okay". It was not an argument. The fact that there are max 21 millions bitcoins is known to everybody but doesn't say much about the total supply since it can be divided. And it cannot be divided into infinity, the smallest unit is the satoshi, so why not talk about the max number of satoshis if you want to make an argument about the max supply of unit of currency ?