Because there is only so much Pure Human Empathy to be exchanged and Satoshi's can cope with that. However, if the number of decimal places need increasing, beyond Satoshi's to Finney's or beyond, then that's an easy fix within Bitcoin at it's Core
I didn’t know that regarding decimal places. TY
For reference Andreas Antonopoulos has covered this, it's worth watching his stuff. With the understanding that a lot of his output was growing with Bitcoin and in his words, paraphrasing, 'in a kids playground in the wild west. Which is apt because back in 2013 he was speaking to chairs and tumbleweeds.
Thanks for the replies. I’m not understanding or otherwise connecting the dots on this idea of “pure human empathy” as it pertains to price and value; or even barter. Perhaps it’s becasue empathy is something I have to work hard at…but I don’t make many or any emotional purchases nor adjust price per se based upon the way I feel towards a customer… So what is meant by and what evidence is there if “pure human empathy” as it pertains to price and value or a product or service (and therefore medium of exchange)?
I have done a few lengthy notes on this, they are in numbered title order. So far I have done 7, from 00 to 06. I will continue to expand upon this, in order. So this one I feel will make you start to see the meaning. nostr:nevent1qqsq0vqxamw7wy8v4ahrkwnrlmm7lfamrkgrmhpmhrupvy7usaa37xcpz4mhxue69uhhyetvv9ujumrwv96jumn9wshsygpr8cgwrj8fajsyrqa7s6mdxynx4l7uxazhqyzr5fey5wsaghpmhqpsgqqqqqqsqjfyn2
Thanks for this! Have you thought about putting these into a Nostr article such as on Habla or via YakiHonne?
I have not used them, I will have to have a look, thanks for the heads-up. Here's a table that explains the Empathy breakdown of a Barter exchange. https://image.nostr.build/8269ab8951456dfafc2cb60d6a583c0ab612711f791e80473bd4ee4613757426.jpgb I've just posted another note, 07 Title: Barter: Empathy and the Magic Wrapping that Money Cannot Buy. It's got a pretty good analogy in there, if I say so myself 😃 and you may find it interesting.