Re:SEC charges Ripple and two executives
by freeone3000 on Wednesday December 23, 2020 @12:51AM
(#25514804)
Bitcoin is infinitely divisible. You can buy $50 of Bitcoin, if you want to invest $50. The "affordability" doesn't enter here.
[ Parent
| on HN ]
Re:SEC charges Ripple and two executives
by SpaceRaccoon on Wednesday December 23, 2020 @03:15AM
(#25515573)
It's not the affordability, it's the leverage.
A $1 increase on a $1 investment is already a 100% return. And it's much easier to imagine a coin to go from $1 to $2 then it is to go from $20k to $40k.
Re:SEC charges Ripple and two executives
by newerduder on Thursday December 24, 2020 @09:33AM
(#25527751)
> Bitcoin is infinitely divisible
no. it goes down to 8 decimal places. (a satoshi)