Post
Topic
Board Development & Technical Discussion
Merits 3 from 1 user
Re: BTC must split into smaller units to survive
by
DannyHamilton
on 05/01/2018, 02:45:10 UTC
⭐ Merited by ETFbitcoin (3)
To anyone who has working eyes and brains, it should be clear now that today, the only important factor for success of a cryptocoin (or a non-cryptocoin like XRP) is, that it looks cheap.

You and I have very different definitions of the word "success".

I propose a hardfork, 1 BTC (old) = 1000 BTC (new)  Cool

I actually agree with you on this.  However, it might cause a lot of confusion if some people know about the split and some don't.  We can avoid that problem by changing the name slightly on the split coin.

Lets call the split version "millibitcoin", or we can use a slang name for it like "millies".

The great thing about it is we can do this without even needing a code fork!  We can do it today, right now!  Anyone that wants it to happen can just immediately start talking in terms of "millies" and everyone will quickly adapt to knowing that they can multiply any bitcoin amount by 1000 to know how many "millies" to send.