Columbia Basin, Ephrata, WA | Swmnag - 2/8/2021 07:48
Your arguing about it’s valuation not it’s infinite supply. It is like arguing that you can sell corn in half or quarter bushel increments. In the end the valuation is based on one bushel or one Bitcoin.
I think the gist of the “unlimited” Bitcoin market cap by splitting notion is that with fractional sales, there will always be enough Bitcoin for everyone to get their fill, so to speak. Say a person felt like $10,000 of their portfolio should be Bitcoin. Regardless of valuation, they can get their $10,000 worth. It used to be several coins, now it’s part of one. They get their fill.
A bushel of corn only has so much energy in it regardless of price. A bushel today might make tortillas for a family to get their fill for a week, but cut it down by fractions to increase market cap like Bitcoin and you might not get enough to make one tortilla. People can’t get their fill on a small fraction of corn like they can a small fraction of Bitcoin.
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Bitcoin should roll for awhile
