Of course he is right. it is akin to share dilution
What would the difference be between
21 million coins at $1 dollar each
and 42 million coins at 50 cents each?
No. That would be a precision change (which is also allowed)
Bust my balls all you like. I like robust debate, it makes it worthwhile. As long as its done intelligently.
And dont worry, I see your point. But it dont change the fact that Bitcoin has a built in price relief valve that a lot of people seem very afraid to mention.
Just sayin'