pull down to refresh
0 sats \ 10 replies \ @kurszusz 29 Dec 2024 \ on: Stacker Saloon
FUN FACT: 14 years ago (24th December, 2014), you could buy 3 BTC for $1 and still get change...
The power of HODL :)
This is a very interesting fact... If I remember what I did with a dollar in 2014, I start to cry.
reply
The power of HODL :)
understanding and responsibility:)
reply
Wow. Do you think this will happen for sats too? Like, do we need to divide sats into units like we had to do with Bitcoin? Do you understand what I am asking?
reply
You mean millisats? We already do that in the lightning network to pay fractions of sats as fees. It can also go lower.
reply
You're right, it exists! I wonder if in 100 years, millisatoshis will be split too. Thanks.
reply
"It is important to note that the the bitcoin protocol does not recognize decimals."
Subsats get rounded on channel closure.
Subsats to do not exist on chain.
reply
millisatoshis will be split too
we can split them as much as we want to, it's just a unit attached to lightning invoices (see link in my previous reply)
reply
Yes, I made a reply before seeing it. Thank you. I didn't know this could be done too. The more I am learning, the more I am realizing how wonderful Bitcoin is. Thanks again for your explanation.
reply
the funny part is that this infinite divisibility makes some people believe that bitcoin is not limited in supply but that's like saying you can feed the whole world with one pizza forever because you could cut it in infinitesimally small slices lol
reply
pizzas are infinite until the on-chain bill comes due.
reply