What if the decimal place was moved in bitcoin to give a 1:1000 split? If collectively everyone used the term bitcoin for the unit of value we currently call a millibit or mBTC making the total eventual supply 21 billion instead of 21 million, the price currently would be ~$16.70.
It seems to me that the problem of switching to a smaller unit at the moment is that the fees would be more expensive than the same unit of account.
