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RE: "Let's talk about bitcoin" by Craig Grant (Central Intelligence Agency (aka pineal gland))

in #bitcoin • 8 years ago

Hello!
1 Satoshi = ( 1 Bitcoin ) ÷ 100,000,000
I get that is infinite amount of Bitcoin, because of the 8decimal system.
And it must be a price equilibrium with other cryptocurrencies.

But bitcoin is the technology core of all cryptos? and all other coins are the same 8 decimal division. If I have steem, ether and other coins, they will be infinite as well.
All coins are scam if they not change rules of minimum transaction. And there are more steem than bitcoin?
What do you think ? thanks!

8 years ago in #bitcoin by
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     8 years ago (edited) 

    Bitcoin advertises itself as being valuable because it is limited, steem does not advertise itself as being limited, steem advertises being inflationary, and valuable because of steem power that protects from the inflation