Hello all,
I am new to this forum, so I hope you will not take my question wrongly.
I have been discussing Bitcoin with friends and people who have some substantial amounts.
I hear the claim that Bitcoin is finite, with a total of 21 million over and over again. However, this all seems like mind games to me and the people involved are not realising that in actual fact Bitcoin is infinite (or at least it's supply is!).
I'm not sure how exactly this is distinct to Bitcoin, it always applies to any other cryptocurrency or any currency that can be represented within a digital form. Comparing it to a water molecule is a bit silly as it is not traded like an asset in the same way and pointless as an example really. You could compare it to gold, which can have a digital representation of the value behind it and that could also be broken down to however many decimal places you wanted. The fact is people like their money have traditionally and for a very long time been used to having their money represented in large whole numbers - it doesn't sound very appealing to say I am the proud owner of 0.000001 Bitcoin, which is the direction you seem to be heading.