I was thinking the same thing about this newsweek prediction and bitcoin. It's a bit of a conspiracy stretch to tie them together, but the timing is such that it makes you wonder. Even if Bitcoin is slated as the one world currency, it seems like it would make it even that much more valuable because 21M bitcoins cannot support the world. We might have to come up with a new term of what your call 100th of a bitcoin, or 1000th of a bitcoin. Like Bitbyte or something more catchy.
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My understanding is that the decimal point can have an eternal amount of zeroes to the right, so as we have seen, 1btc keeps valuing, now people like me can only afford .01. If trend continues, most people will only be able to afford. 0000000001 or whatever. If this is all true, then the people who dont get in will be really screwed. Also watch out for the august 1st fork...could change things and people will lose bitcoin. Also, brits came out with rmg..official british gold standard in a digitial coin...so watch and pray so youre not fooled or left out! And the more we share info openly the better chance of prospering
Those term are already here:
http://bitcoindenominations.org
But these terms are technical and do not really provide more clarity. Why not switch to Satoshi right away?
following you as well. keep the updates coming guys. Love to see all the news on crypto's.
I've seen a few of those before, but the names have to be something cool.
I want to buy a latte at Starbucks and hear them say "Sir, that will be one Nakamoto and three Sotoshi's please".
Takeshita Coming to town == Satoshi Nakamoto? haha
following you now. I love getting updates on crypto's. Steem is the best financial news platform I've ever seen.
thanks! Followed you too!