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RE: Wall-street says Bitcoin to 1000 to 3000

in #bitcoin7 years ago

It is in Satoshi's whitepaper that if a "bitcoin" goes up too much in value that a fraction of a bitcoin could be named a bitcoin. If you do the math I am basically saying that bitcoin is going to $100,000 (and then they will move the decimal over a few times to make it $1000) .

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I must read the whitepaper more properly then. Thanks for educating me.

Ya... there would be no more Bitcoin... We would just begin to recognize a 1/100 of a bitcoin as a bitcoin and thus, 21,000,000 x 100 = 2,100,000,000. No funny business... just math and making bitcoin still affordable.

Yep, look at world politics and how bad they are now. That is what gave way to cyrptos.

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