Quote:
Originally Posted by jscott
^^ did he say 21million is larger than 21million bcos of fractions?  |
yes I did...you can not buy 0.12 stradivarius violins...you can only buy 1 whole violin...there are x amount of stradivarius and no more...1 stradivarius is the smallest possible tradable unit...the scarcity is obvious...there are say 30 total violins (random number I pulled out of ass)
bitcoin is a name...100.000.000 satoshis is one coin...a coin is an imaginary unit...it is not real...only 3% of ALL wallets have more than 1 bitcoin...97% of ALL wallets have SATOSHIS...
https://bitinfocharts.com/top-100-ri...addresses.html
the huge bulk of all actual trade is done in.....wait for it.......wait for it.....wait for it.......SATOSHIS!....can you REALLY and HONESTLY say people are using bitcoins or satoshis??? <------reality exists
yes the total number of bitcoin is limited...the total number of dozens of bitcoin is also limited...as is the total number of any arbitrary amount...but fact remains, we do not trade in millions of dollars but in dollars...we do not trade in tons of gold but in grams (jewlery stores etc)....reality: sathoshi market
so one hundred million x 21 million = 21 hundred million million satoshis...
nail in the coffin of your argument: the smallest divisible unit of one stradivarius violin is one...in the real world, one stradivarius violin is sold not half...maybe somebody purchased a broken violin LOL but you get the point
bitcoin is a name for 100million satoshis...
let me know if you get confused again
