WTF?
Why does it matter how many decimal places there are with BTC? How does that affect the immutable fact that bitcoin issuance will never exceed 21 million?
Is she saying that since gold can be subdivided down to individual atoms, it is not scarce?
Please. This is elementary maths. She's embarrassing herself.
in code. things are measured in satoshi's
yep look at a raw transaction and look at the values being moved. they are not being moved in decimals of bitcoin. but being moved in satoshis
the basket term known as a btc is of no more importance as the basket term of ubtc
raw tx data does not understand btc or ubtc or mbtc.
it only understands the smallest unit of measure. that has been branded satoshi
there is nothing stopping anyone branding 1000000000000 sats as a 'superbitcoin'(10kbitcoin) right this second. because it does not involve any hard code changes. its just human gui interface and human mind buzzword. same as btc mbtc and ubtc is
there is code that say that a block reward started at 5000000000 sat and that reward is halved every 210,000 blocks. where if you do the maths it roughly works out that when the reward cant be halved anymore there will be 2099999997690000 satoshi's released over 120~ years(34 block reward halvings)
whether you measure satoshis in baskets of ubtc, mbtc or btc. means nothing for the code.
the basket terms are just human buzzwords for easy math of understanding that 100m of the smallest measure is a basket called a btc. and there will eventually be ~2.1quad units of measure or 21m basket measures of btc
increasing the unit of measure at code. and then having to re calculate new basket amounts of 1000x more units of measure per basket. defeats the whole scarcity argument.
yep having 'coin' translate to 100,000,000,
000 units and then having to do silly new rules for new bech32 tx format transactions to understand units of measure(shares) of things 1000 more quantity of sharable units. and further mushy math game play to round up/down when trying to pay legacy tx types will cause more shareable units. and alot more cludgy code
again. to save me multi posting the ignorant people that dont get it.
bitcoin code does not use decimals.(what your imagining is the graphic user interface. not the hard code consensus)
if you cant grasp units of measure at code level. and the real hard limits at code.. and cant grasp share-ability. then you cannot even understand scarcity
bitcoin code does not work top down from btc to decimals
it works from satoshis up to basket buzzwords like ubtc mbtc btc
heck even a few devs wanted to rearrange the baskets to 'tonal' terms. and a couple devs stil do think of value measures in tonal basket terms.
i personally been using 'bits'(ubtc) for a few years now.
i appreciate that for 12 years bitcoin(currency) has had hard rules that have fixed the approx end limit to be 2.1quadrillian sharable units. i appreciate for 12 years that a basket of btc was hard limited to 100000000 of those units of measure.
i appreciate the scarcity of 2.1quadrillian units of measure. but this topic is used as a jumping platform for certain people to try and stroke the sheep into thinking adding 1000x more sharable units wont break the rules
but seems some greyscale fangirls want to fool people into thinking that more sharable units is ok