Re: We need to rethink the way we look at 1 BTC value...

OK, so now when a newbie looks at 1 BTC says: " I will never be able to own that! Too expensive!" - yes because people are willing to have 1 coin but how about if we make people understand that even owning 0.01 BTC can bring good wealth to their lives in the near future... I mean yeah it's great to own 1 BTC or more but that doesn't mean it's not great owning 0.1 BTC right?

I honestly don't like that 1 BTC is too expensive. I think it's alot better if 1 Bitcoin will be in the same level and value with something like 1 USD. If bitcoin would be used globally, I would have to use mBTC. It would be alot better and easier to say something like "1 large burger = 4 btc" rather than "1 large burger = 4 mBTC / 0.004 BTC".

Why does that matter though? That's the same saying you don't like USD because it has fractions of them (cents)

Any currency conversion is going to take time to understand and value purchases. We usually have one currency which has an understanding of how much things cost, and then need to convert any other currency to that, in order to understand value. Bitcoin is no different than trying to understand how many Euros or Pesos or Baht something is.

Almost everyone has a smartphone to do the conversion if you're too lazy to do the math.