21 Million Bitcoins
Divisibility is one of the important qualities of money, but is it a good feature if you are continually dividing something that has no substance? Where is the end in that? If bitcoin can be divided into eight digits to the right of the decimal and eight digits to the left of the decimal (as it is now), does it really even matter where we place the decimal? We still wind up with a maximum of 2.1 quadrillion bitcoin thingies. Why not just a maximum of two possible bitcoins with 16 digits to the right of the decimal? Or, 21 … Continue reading →
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