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RE: Fiat Money vs. Bitcoin

in #bitcoin8 years ago

The funny thing about divisibility is that it only works when not only can you divide it, but you can put it back together. With gold it can be cut in half and then melted back together. Diamonds cannot be combined back together. This is, I would say, basic economics of supply and demand, since we can easily create small diamonds from big diamonds if we need them, but we can't create big ones.