steffenkdvia treechat·5mo
Replying to #d00178ff
❤️ 7 Likes · ⚡ 0 Tips
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  "map_content": "Divisibility would be inflationary and would  result in a price decrease.\r\nIt would work for 1MB-BTC, since they only use it as an asset and as a ledger to log who got how much shares of the overall amount.\r\nIf you have 1 BTC you have 1/21000000 of the cake.\r\nIf you now add a decimal, you still have 1/21000000 and nothing changes.\r\nBut Bitcoinsv is not just a ledger which is being used to account for who got how many shares.\r\nIt is a commodity, has utility and can be used for much more than just representing how much shares everybody has.\r\nIf you would add a decimal on BitcoinSV it would be equivalent to x10 the amount of shipping containers for example.\r\nShipping containers have utility and if you x10 the supply, the price will drop.\r\nSimilar scenario is true for BSV.\r\nAdding a decimal only works for 1MB-BTC but not for BSV.\r\nI mean it would work, but the results would be different, since BSV isn't just an assett you hodl like a share.",
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⬇️
steffenkdvia treechat·5mo
❤️ 2 Likes · ⚡ 0 Tips
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  "map_content": "Yes it would!\r\nImagine you are an artist and you want to tokenize your concer tickets on top of utxos. \r\nYou buy 1000 satoshis/utxos to sell 1000 tickets (for simplification lets skip the transaction fees).\r\nNow a decimal gets added, and the amount of satoshis is getting x10.\r\nInstead of 1000 satoshis you now have 10000 satoshis. Now you can tokenize your 1000 tickets and afterwards you still have 9000 satoshis for some extra concerts in the future. Which automatically means that the demand for satoshis from this market participant is declining.\r\nWhich normally results in a price decrease.\r\nThere are no bitcoins. There are only sats/utxos. A bitcoin is just an arbitrary measurement of 100000000 satoshis.\r\nAnd if you increase the amount of satoshis, which are a commodity, you will normally end up with a decrease in price if all the other variables and factors stay the same.",
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Signed by14aqJ2hMtENYJVCJaekcrqi12fiZJzoWGKAIP!