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by pakitan 4824 days ago
How can larger number of coins be an advantage (or disadvantage for that matter)? As long as the supply is fixed it doesn't matter if the total is just 1 coin or 100 trillion coins.
1 comments

There's been debates running now in the Bitcoin community what the new 'denomination' should be. So far, it mBTC (millibitcoins) is leading. You can still write it as 0.001 BTC, or 1 mBTC.

I'm just wondering in terms of psychology, what impact it has to write in ever decreasing denominations? Pricing something as 0.000232 BTC is much more difficult to read and understand. So, if there are more coins in circulation, this would hopefully not happen until much later. It will inevitable happen (if it is also a success). But just for adoption and ease of use in the short and medium term it will be easier to read.