Post
Topic
Board Bitcoin Discussion
Re: 21 million bitcoins is the same as 21 trillion bitcoins (for us now)
by
PointHope
on 21/03/2021, 10:53:36 UTC
So BTC will continue to be mined until about 2140, when all 21 million are finished. But imagine if there were 21 trillion bitcoins and it finished in say the year 9140, it actually wouldn't make any difference to us than 21 million, because the inflation rate would still be the same. I think the current bitcoin inflation rate is 1.3 percent or whatever. So just imagine if there were 21 trillion bitcoins and 18,648,168 BTC were currently in circulation, do you think people would still say you know there will only ever be 21 trillion bitcoins.... i dont think so. But it would be the same as saying there's only 21 million. Maybe in the year 2130 people can say that when there's only 10 years left but for us who are alive now, why should million or trillion matter. Inflation rate and circulating supply would still be the same.... any thoughts?

Divisibility is the topic you are trying to address..

100 million Satoshi = 1 Bitcoin

1 Satoshi can be divided again by 100 million. (that unit should be called 'Roger')