Quote from: Vlad2Vlad on February 02, 2017, 07:03:16 PM

Quote from: traincarswreck on February 02, 2017, 06:59:10 PM

Quote from: Gleb Gamow on February 02, 2017, 06:53:46 PM

You can throw that premise out the window with Craig Wright Jr.'s bath water given that if I've done the math correctly, currently, bitcoins can be subdivided to eight decimal places, viz. 0.00000001, but in the future could be coded to nine decimal places - 0.000000001 - thus ten times more units negating "a stable supply". Similarly, ten decimal places, eleven, twelve, etc., depending on worldwide demand.

That said, this latest revelation is fucking with me and Vlad. Somebody get me an apple.

I don't think that would change anything. You know why its fucking you up. Because you need to introduce into your core beliefs the concept of a stable metric of value. If there are 21 million bitcoin's and you make them more divisible, this doesn't necessarily effect the value of a bitcoin in the way you are implying.

And FYI there are already talks by major bitcoin elites about how the 21 million cap is not so much written in stone.

These are no more than just idle talks

I created a thread about a year ago telling basically the same, that "21 million cap is not so much written in stone". My main point was that what is done by one human being can be undone by another human being. But that thread was quickly filled with angry comments and I myself was just as quickly labelled as a heretic and traitor. I'm still keeping to the same view but seeing how miners are loath to accept changes that could even slightly undermine their profits (e.g. changing the notorious blocksize), this is utterly irrelevant what the so-called bitcoin elites are discussing now