I understand the "legacy Satoshi's" of the early days of BTC transactions & mining mentioned in the article, but it also doesn't make much sense - especially like this: What if all the Satoshis of the first Pizza Transaction of May, 2010 became worth more than whole bitcoins that were mined last week - What does that make the price of 1 of the bitcoins used in the Pizza Transaction worth, especially when 10,000 BTC were used to pay for the pizzas... Each Satoshi unit is only ONE HUNDRED MILLIONTH of 1 BTC (100 Million Satoshi coins IN 1 BITCOIN) and at the current rate, it would make each Satoshi used in that pizza transaction worth more than $27k....
There's a serious cognitive dissonance in the crypto community.
[ + ] i_scream_trucks
[ - ] i_scream_trucks 3 points 1.9 yearsJun 1, 2023 22:44:12 ago (+4/-1)
More cryptobro mental gymnastics.
[ + ] lolxd
[ - ] lolxd 1 point 1.9 yearsJun 3, 2023 09:36:45 ago (+1/-0)
[ + ] Deleted
[ - ] deleted 0 points 1.9 yearsJun 3, 2023 09:41:13 ago (+0/-0)
[ + ] HowDoYouDoFellowNiggers
[ - ] HowDoYouDoFellowNiggers -3 points 1.9 yearsJun 1, 2023 23:31:19 ago (+0/-3)
stay poor, loser
[ + ] Scyber
[ - ] Scyber [op] 0 points 1.9 yearsJun 2, 2023 00:56:28 ago (+0/-0)
I understand the "legacy Satoshi's" of the early days of BTC transactions & mining mentioned in the article, but it also doesn't make much sense - especially like this:
What if all the Satoshis of the first Pizza Transaction of May, 2010 became worth more than whole bitcoins that were mined last week - What does that make the price of 1 of the bitcoins used in the Pizza Transaction worth, especially when 10,000 BTC were used to pay for the pizzas...
Each Satoshi unit is only ONE HUNDRED MILLIONTH of 1 BTC (100 Million Satoshi coins IN 1 BITCOIN) and at the current rate, it would make each Satoshi used in that pizza transaction worth more than $27k....
There's a serious cognitive dissonance in the crypto community.
[ + ] Deleted
[ - ] deleted -1 points 1.9 yearsJun 2, 2023 09:05:04 ago (+0/-1)*
[ + ] Scyber
[ - ] Scyber [op] 0 points 1.9 yearsJun 2, 2023 11:14:30 ago (+0/-0)
Sure pal. Sure.
[ + ] Deleted
[ - ] deleted -1 points 1.9 yearsJun 2, 2023 11:37:32 ago (+0/-1)
[ + ] Scyber
[ - ] Scyber [op] -1 points 1.9 yearsJun 2, 2023 23:45:23 ago (+0/-1)
[ + ] Deleted
[ - ] deleted -1 points 1.9 yearsJun 3, 2023 08:54:47 ago (+0/-1)