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Author Topic: There is not enough bitcoins for everyone...  (Read 2154 times)
batou
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August 19, 2015, 05:09:33 AM
 #21

Now that Bitcoin is dead it's probably time to buy
BCEmporium
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August 19, 2015, 03:00:08 PM
 #22

In the future you can also change the code and allow 10, 12 and so on decimal places and give ghem names.

Would be better to increase the amount of possible bitcoins instead. It's impossible to accurately calculate decimals (float) with binary, numbers like 0.1 are impossible to represent in binary form.

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RodeoX
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August 21, 2015, 04:12:06 PM
 #23

Solved!!!:
I have invented a workaround for this vexing problem. Using a new thing I invented, I call it a mathematical operand, I am able to "divide" bitcoin into smaller units. Ladies and gentelmen, behold the divider!

÷

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf
Free bitcoin in ? - Stay tuned for this years Bitcoin hunt!
zimmah
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August 21, 2015, 06:49:04 PM
 #24

There is not enough bitcoins for everyone and that is why it's impossible for bitcoin to substitute the cash economy...

 Just think about this:

Quote
A pre-defined schedule limits the total number of bitcoins so that they gradually approach a total of 21 million (ignoring those that have been lost through deleted or misplaced wallet files)
Total bitcoins: 21,000,000

Total humans: 7,360,837,156

That mean 0.002852 btc/human

but the total humans number is going up in the time. There is not enough btc for all.

that's why you can divide bitcoin into satoshies

Total bitcoins: 21,000,000
Total Satoshies:  2,100,000,000,000,000
Total humans: 7,360,837,156

That means 285293 Satoshi/human
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