Post
Topic
Board Announcements (Altcoins)
Re: 1 Trillion coin supply you say? That's not really that many actually...
by
habeas_corpus
on 21/02/2018, 03:18:32 UTC
“One Trillion Turtles: Coin Supply and Unit Economics” @_turtlecoin https://medium.com/@turtlecoin/one-trillion-turtles-coin-supply-and-unit-economics-5bfbea0aa1f1

The highlight from that article, remove the decimal places from these coins and this is how many units there are of each coin.

Code:
TRTL:               100,000,000,000,000

BTC:              2,100,000,000,000,000

IOTA:             2,779,530,283,277,761

LTC:               8,400,000,000,000,000

ETH: 97,879,990,190,000,000,000,000,000


1 Trillion + 2 decimals is less than 21 Million + 8 decimals.
I can do 2 decimal math in my head, 8 decimals, not so much...

1 Trillion sounds big compared to 21million, as soon as you remove the decimal and focus on actual units, it turns out to be less.


That's easy for YOU to say...  I mean... That requires actually using your brain and doing simple math.
The crypto world is inundated with low IQ miners and/or investors.  Simple math simply does not compute.


I'm afraid numerical scales are not unversal.
For my understanding as I learned at school:
1,000,000 = 1 million
1,000,000,000,000 = 1 billion (or a million of millions)
1,000,000,000,000,000,000 = 1 trillion (or a million of -previous- billions)
... and so on.

so, I think we better state numbers instead of words :-)

Cheers,



Ummmmmm  NO.....

Numerical scales are in fact UNIVERSAL....

I don't know what planet you went to school on, but here on Earth....

1 million is always 1,000,000 or 1.000.000
1 billion is always 1,000,000,000 or 1.000.000.000
1 trillion is always 1,000,000,000,000 or 1.000.000.000.000

Some places use a .(period) instead of a ,(comma) but ALL places use the same number of 0(zeros)

But hey.... If you can get a bank to give you 1billion(1,000,000,000,000) instead of 1billion (1,000,000,000) let me know, I'm sure I can rally enough investors to get in on that gold mine.