News for hackers. Stuff that matters.
Re:Paypal President: We're thinking about adding Bitcoin (2:... by codeulike on Wednesday April 24, 2013 @12:54PM (#5602522)
If the bitcoin protocols changed to allow divisions to 9 decimal places instead of 8, would that be viewed as an increase in the money supply, or no change, in traditional economics?
Re:Paypal President: We're thinking about adding Bitcoin (2:... by nly on Wednesday April 24, 2013 @08:29PM (#5604983)
Would re-introducing a half-penny coin increase the money supply? No. Basically, as long as you maintain proportionality, you can re-denominate currency (or shares for that matter) at will.