Post
Topic
Board Bitcoin Discussion
Re: Ideas for a Bitcoin 2.0
by
Phinnaeus Gage
on 15/10/2011, 02:21:22 UTC
1.  The limit on the total of Bitcoins that may ever exist is, numerically speaking, much too small compared to the world money supply, which leads to a significant psychological barrier - since it is very difficult for a normal "man on the street" to believe that 1 BTC could someday be worth $100,000 or more (as it would have to be if Bitcoins ever became as widely adopted as the US dollar, say).

A dollar is divisible to 2 decimal places ($0.01). A bitcoin is divisible to eight decimal places (0.00000001). If you express the total number of bitcoins to two decimal places, you get 21,000,000,000,000.00 (21 trillion).

Exactly. Let's call it Bitcoin 2.0, with 7-letter currency symbol "satoshi". There will only every be 2.1 quadrillion of them. Then the common man can really get behind it.

Ergo, each Bitcoin unit if currently worth $.000000000535762122. I am currently selling 7,466,600,000 of these Bitcoin units, commonly referred to as B8, for the ridiculous low price of only $5.29. This price will fluctuate up and down, so use the timestamp of this post as a guide. e.g., if you want to purchase 52 hours from now and the MtGox price has dropped $.04, then my selling price will only be $5.25--$.04 lower than when this post was posted.

The reason I'm able to sell so low is because I deal in volume. I currently have several million B8s currently in stock, with more being purchased exclusively from a well-known mining pool daily.

For other deals, please visit myb82u.com.

FAQ:

Q: Can I buy a B8 with Bitcoin?
A: Yes.
Q: Can you be trusted?
A: Search the internet. You won't find a single negative comment about myb82u.com.
Q: What state are you incorporated in?
A: http://www.youtube.com/watch?v=lj3iNxZ8Dww