Damus
BtcPins · 48w
More people need to realize this. They think they can just "move the decimal" when Bitcoin becomes expensive to use on-chain. They need to understand that doing that is increasing the supply of Bitc...
waxwing profile picture
"doing that is increasing the supply of bitcoin units"; I think it's debatable exactly what that means with the word "units" at the end, but it is not debatable that without it, the sentence is flat out wrong. A building doesn't become taller when you measure it in centimeters instead of meters. There is no such thing as "a bitcoin", or "a satoshi". Any more than there is "an inch". It's a measuring unit. You can change measuring units if you like, for all kinds of reasons, but that doesn't change the thing you measure.
12❤️3💜1
BtcPins · 48w
Bitcoin units are those 2,099,999,997,690,000 things that the software creates and verifies the movement of. It's not a unit of measurement.
BTC Your Mind · 48w
Great analogy. 🎯