Re:El Salvador abandons Bitcoin as legal tender after failed...
by jazzyjackson on Tuesday February 04, 2025 @01:51AM
(#42928961)
They don't need to increase the supply of bitcoin, the nodes can simply be updated to recognize that a satoshi is also divisible by a billion.
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Re:El Salvador abandons Bitcoin as legal tender after failed...
by wqaatwt on Tuesday February 04, 2025 @08:14AM
(#42931888)
That would be terrible for the economy and everyone not sitting on piles of bitcoin.
It’s hard to imagine a financial instrument that’s less suited to be used as an actual currency than bitcoin. Even going back to the gold standard would be a better idea.