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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⬇️
TimJSwanvia treechat·5mo
❤️ 0 Likes · ⚡ 0 Tips
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  "map_content": "No, it wouldn't. It's like being able to split a nickel into pennies. Inflation per bitcoin would happen if the supply increased more than 21 million. Satoshis would be the same value, but you could just break things into smaller units. Imagine if you didn't have sats. You would have to pay even fees in a full bitcoin. The supply would still be the same ratio to GDP but the system would work less efficiently and you couldn't buy or sell things with precise prices.",
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