A Bitcoin Guy on Nostr: Further dividing #Bitcoin beyond its 100 000 000 SAT per 1 #Bitcoin is not the same ...
Further dividing #Bitcoin beyond its 100 000 000 SAT per 1 #Bitcoin is not the same as Fiat inflation, as 1 Bitcoin = 1 Bitcoin, 1 SAT = 1 SAT.
You are increasing the slices of the pizza but not the size of the pizza.
The pizza is the global economy. 🍕
Also there is no Cantillion effect where those closest to the money printer benefit first as is the case with Fiat. When the supply of #Bitcoin is further subdivided, it affects all holders of #bitcoin simultaneously.
Published at
2024-08-27 10:11:54Event JSON
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"content": "Further dividing #Bitcoin beyond its 100 000 000 SAT per 1 #Bitcoin is not the same as Fiat inflation, as 1 Bitcoin = 1 Bitcoin, 1 SAT = 1 SAT.\n\nYou are increasing the slices of the pizza but not the size of the pizza. \n\nThe pizza is the global economy. 🍕\n\nAlso there is no Cantillion effect where those closest to the money printer benefit first as is the case with Fiat. When the supply of #Bitcoin is further subdivided, it affects all holders of #bitcoin simultaneously.",
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