Post
Topic
Board Speculation
Re: $1,000,000 would kill bitcoin
by
betty11
on 25/06/2019, 19:45:15 UTC
Even $100,000 would kill it.  If 1 sat (or even 100 sat) == $1 then the fees would grind the system to a halt.  The fees would be so high relative to the amount sent, that it wouldn't be worth it.  From an investment perspective 1 sat==1$ i

Actually, 1sat would be $0.001. and not $1 as you pointed out and 100sat would be $0.1 which is yet still very okay and reasonable when bitcoin hits $100k. And this will reach it in the future as more users and adoption comes.