Quote from: BlackHatCoiner on Today at 08:24:59 AM

Quote from: franky1 on July 22, 2021, 07:10:46 PM

in 2009 the first block reward was not 50btc.
it was 5000000000sats. and every 4 years that reward number halves

It was 50 BTC. The fact that this unit doesn't exist in the source code doesn't mean that we can't name it. There are just ways to measure it. In gold, you can use grams, ounces, tones etc. They're all correct.

average joe doesnt buy whole btc anymore.. so the basket term is less applicable
yes i have many whole btc but even i measure things in bits and sats

..
its like 'boxes of apples'
to people actually care about the box.. or the apples inside

scarcity of apples is not about the box amount. its about the number of apples that can be shared. no matter if they are in boxes or separate

gold was scarce when the smallest sharable size was like a necklace or a coin (multiple grams)

but now gold is everywhere. your device you read this post on now has milligrams of gold in it
everyone on this forum has milligrams of gold.
gold is no longer scarce.. its right now right there within 3 feet of your eyes