No worries, after the comma many digits can be postulated.
A bit like the value of Pi. 3,14 works in small cases. The bigger the case, the larger the number of digits after the comma in order to arrive at the precise solution.
In essence, due to it's digital nature, Bitcoin can be "cut" into smaller fractions and serve in that capacity as a medium of exchange.
Like the incredible large baffling tthehe mind and creating a challenge of control, so does the incredible small.
It would depend (depende, todo depende, de ségun como se mire todo depende - Jarabe de Palo) on the circumstances.
In the current environment it would be a choice: is your lust for coffee such, and your love for the coffeemaker such, you wish to spent $100.
On the other hand, id the situation is such that indeed a cup of coffee instead of 5 or 10 Federal Reserve Notes has become inflated to a 100 .... then yeah ... indeed, it may not be much. Especially if you had bought BTC @ 100 -FRN.
Speculation was introduced when futures were ok-ed.
I would not touch it with a 30 feet pole.
However, it may have its uses. The same goes for other certain cryptos. However, it requires access and electricity.
There are other items that could become much more current. Toilet paper, little flasks with booze, cigarettes &: cigars, matches, seeds, eggs, that sort of thing.
No worries, after the comma many digits can be postulated.
A bit like the value of Pi. 3,14 works in small cases. The bigger the case, the larger the number of digits after the comma in order to arrive at the precise solution.
In essence, due to it's digital nature, Bitcoin can be "cut" into smaller fractions and serve in that capacity as a medium of exchange.
Like the incredible large baffling tthehe mind and creating a challenge of control, so does the incredible small.
There is a goldi-lock.
That’s assuming all your Bitcoin purchases will be expensive. What happens when I want to buy a coffee and 0.00000001 of a Bitcoin is worth $100?
Good question.
It would depend (depende, todo depende, de ségun como se mire todo depende - Jarabe de Palo) on the circumstances.
In the current environment it would be a choice: is your lust for coffee such, and your love for the coffeemaker such, you wish to spent $100.
On the other hand, id the situation is such that indeed a cup of coffee instead of 5 or 10 Federal Reserve Notes has become inflated to a 100 .... then yeah ... indeed, it may not be much. Especially if you had bought BTC @ 100 -FRN.
Yeah but again, who even has BTC to use to buy a coffee.
Bitcoin was supposed to be digital cash. It's been 10 years and the only thing it's been used for is a speculative investment.
There's not enough bitcoin in the world to act as a currency. It's too rare.
People don't want to spend their bitcoin, they want to hold it until it's worth a million bucks.
XRP isn't even an everyday currency. It's for banks to transfer between eachother.
XLM will probably be the digital dollar.
Speculation was introduced when futures were ok-ed. I would not touch it with a 30 feet pole.
However, it may have its uses. The same goes for other certain cryptos. However, it requires access and electricity.
There are other items that could become much more current. Toilet paper, little flasks with booze, cigarettes &: cigars, matches, seeds, eggs, that sort of thing.