|
|
|
|
|
by SunlightEdge
1870 days ago
|
|
So the point is that if bitcoin transactions can occur without a lower bound limit (and I'm still waiting for an answer as I don't know) there is an infinite supply. The dollar point feels more like word play. In retail there is a lower bound limit for dollars and this is 0.01 dollars. Not so with Bitcoin transactions.
If 0.00001 of bitcoin etc. Is viable tender then simply put the limited supply of bitcoin might be misleading. |
|
In the US, fuel stations price in tenths of a cent.
Google Cloud's per-second billing prices resources with a millionth of a cent precision.
One troy ounce of gold consists of 3.36x10^27 atoms.
There is not an infinite supply of Bitcoin, dollars or gold just because you can divide them into arbitrarily small pieces.