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0 sats \ 1 reply \ @grayruby 14 Dec 2022 \ on: Is burning bitcoin bad? bitcoin
Bitcoin doesn't need shitcoin tokenomics.
If you want to do something noble with a few sats here and there, please consider donating to some of the great Bitcoin community projects (Bitcoin Beach, Bitcoin Esaki, Bitcoin Island, Bitcoin Jungle, Bitcoin Lake etc) or a bitcoin crowdfunding project on Geyser.
At 275k sats (or whatever it currently is) per person on earth, and probably already 2M lost coins, with more to be lost due to negligence or holder death, I think supply is restrictive enough. We don't need to try to reward current holders, we need to reward new holders by guiding them to the soundest money in human history.
That's my 2 sats.
Cheers.
All 2 sats are appreciated!
I suspect increased divisibility will be inevitable at some point as loss of coins is also inevitable over time, and if Bitcoin becomes what we want it to be, I don't think 1 sat is going to be small enough of a unit of measure for every day life.
Lightning already uses millisats as a matter of fact.
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