📅 Original date posted:2014-03-13
📝 Original message:On 3/13/14, Mike Hearn <mike at plan99.net> wrote:
>>
>> You would only need to change it if there was a sub-satoshi hardfork,
>> which doesn't seem necessary anytime soon.
>>
>
> +
>
> We shouldn't make any assumptions about the future price of bitcoin to make
>> the decision.
>>
>
> Hmmm ;) Didn't you just make an assumption about the future price?
You can just remove my assertion about the likeliness of the need of
sub-satoshis and the main claim still stands.
> The currencies I'm familiar with are CHF, USD, EUR and GBP, which all have
> roughly similar values. I guess such currencies make up the bulk of the
> Bitcoin userbase at the moment.
Fair enough, not US-centric but western-centric then.
In any case the "3000 micros will look like expensive" claim is still
very relative.
>> "People seem to like mBTC" is just an ad populum fallacy: millions of
>> flies can actually be wrong. Also you haven't showed them micros,
>> maybe they like it too.
>
>
> Saying "it's already popular and would take work to change" is not really a
> fallacy now, is it?
No, it's not. That's what I said the current adoption by some wallets
and services was the only valid argument immediately after dismantling
the actual fallacy.
Did you missed that last sentence or are you intentionally using a
straw man argument?
In summary, yes, that's point is valid, I'm not saying it isn't. I
just wanted to keep us away from the rest argument but pointing out
they are not logic.
I repeat, that's the ONLY valid argument I've heard so far.
Jorge Timón [ARCHIVE] /
npub1fx…cl2d8
2023-06-07 15:15:40
in reply to nevent1q…l8za
Author Public Key
npub1fx98zxt3lzspjs5f4msr0fxysx5euucm29ghysryju7vpc9j0jzqtcl2d8Published at
2023-06-07 15:15:40Event JSON
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"content": "📅 Original date posted:2014-03-13\n📝 Original message:On 3/13/14, Mike Hearn \u003cmike at plan99.net\u003e wrote:\n\u003e\u003e\n\u003e\u003e You would only need to change it if there was a sub-satoshi hardfork,\n\u003e\u003e which doesn't seem necessary anytime soon.\n\u003e\u003e\n\u003e\n\u003e +\n\u003e\n\u003e We shouldn't make any assumptions about the future price of bitcoin to make\n\u003e\u003e the decision.\n\u003e\u003e\n\u003e\n\u003e Hmmm ;) Didn't you just make an assumption about the future price?\n\nYou can just remove my assertion about the likeliness of the need of\nsub-satoshis and the main claim still stands.\n\n\u003e The currencies I'm familiar with are CHF, USD, EUR and GBP, which all have\n\u003e roughly similar values. I guess such currencies make up the bulk of the\n\u003e Bitcoin userbase at the moment.\n\nFair enough, not US-centric but western-centric then.\nIn any case the \"3000 micros will look like expensive\" claim is still\nvery relative.\n\n\u003e\u003e \"People seem to like mBTC\" is just an ad populum fallacy: millions of\n\u003e\u003e flies can actually be wrong. Also you haven't showed them micros,\n\u003e\u003e maybe they like it too.\n\u003e\n\u003e\n\u003e Saying \"it's already popular and would take work to change\" is not really a\n\u003e fallacy now, is it?\n\nNo, it's not. That's what I said the current adoption by some wallets\nand services was the only valid argument immediately after dismantling\nthe actual fallacy.\nDid you missed that last sentence or are you intentionally using a\nstraw man argument?\n\nIn summary, yes, that's point is valid, I'm not saying it isn't. I\njust wanted to keep us away from the rest argument but pointing out\nthey are not logic.\nI repeat, that's the ONLY valid argument I've heard so far.",
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