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55 sats \ 5 replies \ @Scoresby 19h \ on: Come throw a coin in the BTC wishing well bitcoin
Why would burning sats be a good thing? Would btc be better if satoshi had a proclivity for 11 million instead of 21?
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102 sats \ 0 replies \ @DarthCoin 7h
Because people are retarded
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102 sats \ 3 replies \ @satgoob OP 19h
Objectively on a personal level this is throwing away sats but I thought the concept was fun enough to toss a small amount. This doesn’t help you financially and does hurt you
If someone else burns sats your value goes up
Practically it maybe VERY marginally contributes to divisibility issues, but given how divisible BTC is it doesn’t move the needle
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0 sats \ 2 replies \ @Scoresby 19h
I hear you. Didn't mean to come off critical, but I've always been curious about the "burn as donation" concept. I'm pretty sure even Satoshi mentioned it.
At the same time, I wonder if there is some number if burned/lost sats beyond which we all start to wonder...
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102 sats \ 0 replies \ @satgoob OP 18h
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102 sats \ 0 replies \ @satgoob OP 19h
I didn’t mean to take it critically - I just figured I’d lay it out that way because you’re probably not going to the last person to question that
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