Post
Topic
Board Beginners & Help
Re: Will 2.4 quadrillion satoshis be enough?
by
odolvlobo
on 20/10/2016, 20:56:20 UTC
If BTC really dominates our world, will 2.4  quadrillion satoshis be enough for the blockchain functionality to run other applications ?   What will happen when limit approaches?
I think this can be changed through a fork later on if it's needed. And there are less and less BTC each day because people lose their coins.
You are going to have a hard time convincing people in this community to do that. They cannot even decide on big or small blocks as it stands now. We will just have to hope that Side chains will reduce the need for more coins. People will also not just use Bitcoin, there are about 800+ Alt coins out there... and the banks have not even started with their Blockchain based technologies yet.  Huh

If we ever get to the point where the value of 1 satoshi is too high, then there can always be a side chain with a token whose value is pegged to a fraction of a satoshi -- 1/1000th of a satoshi, for example.