Quote from: BlackHatCoiner on Today at 06:12:11 AM

Quote from: franky1 on June 27, 2021, 08:17:43 PM

meaning all 8 billion people can now hold ~23 units of gold

But, still, only 6.77 billion can hold 28 grams of gold. No matter the number of people who own gold, the 28 grams' scarcity will remain the same. Only if the supply increased, the scarcity would decrease.

maybe you have never had friends and had to fight over pizza..
if the rule was 10 whole pizza's that could not be split..
the rule is only 10 people got pizza no matter how many people are at the party.. only 10 got to eat

then creating slices/shares/subunits. means more people can eat.. meaning no longer scarce

heck this economics of scarcity is as old as the bible (bread and fishes story)
thinking bread and fish was scarce as there were only so many loaves..
.. but then the group shared their loaves. broke it apart. and no longer scarce as everyone got fed

i cant believe people dont get very basic concepts of logic commonsense and plain understanding of normal life stuff

starting to think its not idiocy its just people trying too hard to pretend they dont get it because they too afraid to admit the truth

its not a special concept only for bitcoin. its basic economic common sense for everything.
pizza slices, gold, share dilution.

oh well
when people realise that at code level there is no raw value in transactions or blocks called a BTC. where everything is actually based at a satoshi and always has.
trying to be anal about a human visual buzzword of btc limit becomes a meaningless debate

if i had 5 boxes with 2 apples each and called the 5 boxes an 'apple box'
and then the next day i had 5 boxes with 20 apples each

you would be anal by saying 'but there is only 5 boxes
forgetting that the real supply was how many apples can be shared.
10 becomes 100
meaning 10x more supply and 10x less scarce
yep first day only 10 people can get an apple, second day 100 people can
but in your mind your concentrating too much on the boxes. even though the boxes are just a empty container word of no value and only obtain value when you understand the contents
a bitcoin is a container word of 100000000sats.
a box is a container word of 2 apples

allow the contents to increase to allow more people to buy a part of the contents. is increasing the supply