Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Gab0
on 13/12/2017, 01:39:56 UTC

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.  Undecided