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1  Economy / Economics / Re: Please stop with mBTC, microBTC, ...! on: July 07, 2014, 03:58:41 PM
If bitcoin is going to grow 100x as many of you desire/predict, doesn't it make sense to develop a denomination now that reflects this future value?

It is easier to view a world where a coffee costs 500 coins instead of 0.000005 coins.  The latter is just nonsensical.
2  Economy / Economics / Re: How and why Bitcoin will plummet in price on: July 07, 2014, 03:45:42 PM
This author just ignores the network effect of the most popular cryptocurrency.  He assumes that each crypotocurrency is a good substitute for any other cryptocurrency.

By analogy, we can assume that the value of the US dollar will fall sharply soon because Vietnamese Dong is much "cheaper" to buy.
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