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A comment on Coinbase valued above $100B, ahead of direct listing. Parent comment
Not sure of how it applies but there it is.
One way I could see this going: the smallest unit of a Bitcoin is a Satoshi. What happens when that value is greater than a transaction base cost?
Right now it’s $0.0005 or 100 millionth the cost of a coin. This implies a lot of runway.
In other words, off chain transactions are a potential solution.
Not sure of how it applies but there it is.
One way I could see this going: the smallest unit of a Bitcoin is a Satoshi. What happens when that value is greater than a transaction base cost?
Right now it’s $0.0005 or 100 millionth the cost of a coin. This implies a lot of runway.