Post
Topic
Board Bitcoin Discussion
Re: Bitcoin's 21million total coin supply hinders it immensely
by
curt.rowland
on 02/04/2014, 22:56:54 UTC
It would of been much better if there were different types of bitcoin, like bitcoin=1bitcoin, macrobitcoin=.5bitcoin, microbitcoin= .25 bitcoin etc etc.

Logic fail. The prefix 'micro' means one millionth. Period. Always has, always will.

There are already 1,000,000 microBTC (uBTC) in a bitcoin. There are 100 satoshis in a uBTC. There are 1,000 uBTC in a millibitcoin (mBTC). There are 1,000 mBTC in a BTC.

I fail to see a problem.

Problem is exactly what you said..mainstream society, which is Most of Society is turned off by all these "microbits" and "satoshi", it's too irregular. I have friends who don't care about Bitcoin but know the basics about it, wanna know why they dont care? Because bitcoin is offputting with all it's math, and the 21million total limit makes it seem as if the currency itself wasn't designed to be thought of seriously.

Why do you insist on speaking for "most of mainstream society"?