> Half-penny and paisa were in common circulation until inflation wiped it out. cents and dimes will also go away as well given the rate of dollar inflation.
> Try changing the 21Million cap and you will see that no nodes will accept it: no one wants to willingly dilute their worth. That is what I mean by Bitcoin's global truth.
Bitcoin is a deflationary currency. What happens when we need units smaller than one sat? For instance, Lightning uses milli-sats. What happens to the base money then, just keep redefining the base unit? Your reductionist viewpoint doesn't bode well.
Fulthunge Rani /
npub19l…wm7cy
2025-05-20 16:45:58
in reply to nevent1q…mfz9
Author Public Key
npub19l7gdnhpkaxt8rm2dp27d87rm589jgc70us06q2nmszt033wtzxqcwm7cySeen on
wss://relay.damus.ioPublished at
2025-05-20 16:45:58Event JSON
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"pubkey": "2ffc86cee1b74cb38f6a6855e69fc3dd0e59231e7f20fd0153dc04b7c62e588c",
"created_at": 1747759558,
"kind": 1,
"tags": [
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"content": "\u003e Half-penny and paisa were in common circulation until inflation wiped it out. cents and dimes will also go away as well given the rate of dollar inflation.\n\n\u003e Try changing the 21Million cap and you will see that no nodes will accept it: no one wants to willingly dilute their worth. That is what I mean by Bitcoin's global truth. \n\nBitcoin is a deflationary currency. What happens when we need units smaller than one sat? For instance, Lightning uses milli-sats. What happens to the base money then, just keep redefining the base unit? Your reductionist viewpoint doesn't bode well.\n",
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}