Viewing a response to: @pandorasbox/re-indetronable-re-pandorasbox-re-bigt-every-satoshi-counts-here-s-why-20170824t231105573z
There is more satoshi than atoms on earth. :) The system is immutable. No one can steal your coins... In your lifetime. But the goal of a currency is to be usable. If the currency's supply goes below 1 BTC, this will be a concern because this means that there is 21 bits (zeros) in every BTC price that are wasted. Pure storage space and bandwidth wasted. I don't think asking for a single transaction in a lifetime for the every coins is a concern.
author | indetronable |
---|---|
permlink | re-pandorasbox-re-indetronable-re-pandorasbox-re-bigt-every-satoshi-counts-here-s-why-20170824t232110894z |
category | bitcoin |
json_metadata | {"tags":["bitcoin"],"app":"steemit/0.1"} |
created | 2017-08-24 23:21:09 |
last_update | 2017-08-24 23:21:09 |
depth | 4 |
children | 1 |
last_payout | 2017-08-31 23:21:09 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 HBD |
curator_payout_value | 0.000 HBD |
pending_payout_value | 0.000 HBD |
promoted | 0.000 HBD |
body_length | 451 |
author_reputation | 100,251,888 |
root_title | "Every Satoshi counts! Here's why -" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
post_id | 12,785,968 |
net_rshares | 1,404,918,447 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
indetronable | 0 | 1,404,918,447 | 100% |
So in 500 years we will have _another_ forkening, between the believers of the classic Bitcoin chain and those who believe the old bitcoins should be recycled by forking. Oh god.. will this _never_ end?!
author | pandorasbox |
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permlink | re-indetronable-re-pandorasbox-re-indetronable-re-pandorasbox-re-bigt-every-satoshi-counts-here-s-why-20170824t233609979z |
category | bitcoin |
json_metadata | {"tags":["bitcoin"],"app":"steemit/0.1"} |
created | 2017-08-24 23:36:09 |
last_update | 2017-08-24 23:36:09 |
depth | 5 |
children | 0 |
last_payout | 2017-08-31 23:36:09 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 HBD |
curator_payout_value | 0.000 HBD |
pending_payout_value | 0.000 HBD |
promoted | 0.000 HBD |
body_length | 203 |
author_reputation | 6,724,880,351,404 |
root_title | "Every Satoshi counts! Here's why -" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
post_id | 12,786,848 |
net_rshares | 0 |