OverviewExploreTrending
Nostr Archives
OverviewExploreTrending
Moist12h ago
thats what I was thinking, and will ponder this a bit more, but if sats become that valuable then its going to be a deterrent to using bitcoin, no? for sake of argument, if the entire world was solely using btc and you had to value the entire world's assets in the fixed number of sats, what would a sat be worth? at current population levels there would be about 250k sats/per person, so the buying power of one sat will be huge. if I'm buying a house off you for 5 sats and having to pay 1 sat fee for the transaction its not a very attractive proposition. even worse considering it will be far less sats in circulation due to loss of keys and people like Saylor
💬 1 replies

Thread context

Root: ac657b61feb7…

Replying to: 0000b2da238f…

Replies (1)

utxo the webmaster 🧑‍💻12h ago
Chain will be used mostly for major commits for layer twos and there's and so on, there will be a lot of economic value packed into one chain tx, so it'll still be worth it
0000 sats