Post
Topic
Board Bitcoin Discussion
Topic OP
The Minimum Unit and the Value Thereof
by
bookbits
on 23/02/2024, 12:58:30 UTC
What happens if the smallest unit of bitcoin - a satoshi- becomes worth so much money that it cannot reasonable be exchanged for anything? Say one satoshi is the equivalent of $10,000 USD, then what good is it for actual exchange of goods and services, besides buying real estate or somesuch nonsense? Just a random thought I had, and I am no student of economics or computers, but I was curious as to proposed solutions or if this is just an irrelevant concern.