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Bitcoin Forum > Economy > Economics > Speculation > If Bitcoins are worth $1,000,000 each, then a Satoshi is worth 1¢
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Author Topic: If Bitcoins are worth $1,000,000 each, then a Satoshi is worth 1¢  (Read 1274 times)
forbun (OP)
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March 12, 2013, 04:17:44 PM
 #1
http://falkvinge.net/2013/03/06/the-target-value-for-bitcoin-is-not-some-50-or-100-it-is-100000-to-1000000/

Coincidence?

(Is my math right?)
What name would you give to the smallest unit of bitcoin (0.00000001)? sat. What name would you give to 100 sats? bit. 1 bit = 1 uBTC. 1,000,000 bits = 1 BTC. It's bits
Mageant
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March 12, 2013, 04:24:34 PM
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Yes, that's right.

And I don't think that's a coincidence, though I cannot prove it.
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March 12, 2013, 04:38:41 PM
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Quote from: Mageant on March 12, 2013, 04:24:34 PM
Yes, that's right.

And I don't think that's a coincidence, though I cannot prove it.

coincidence is what you have left if you apply a poor theory.
Like the coin in coincidence.
2011 seems like yesterday
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