Oddbean new post about | logout
 Nice analogy but those 100 million pieces can than be cut 100 million times each and so forth.. I believe this is what they mean 1 Bitcoin = 100M sats, 1 sat = 100M microsat 1 microsat = 100M (insert name A), 1 (Insert Name A) = 100M (insert name B) and so on 
 Right but he and many others think this means more supply is being create. If $100 dollars were printed in pennies and $100 dollars were printed in quarters it doesn’t change the supply. 
 Yep, it’s all still 1 bitcoin. 
 It really does blow me away that people think like this. Evidently, decimals and place values are just too much for some to grasp.  
 Well I was giving them the benefit of not being that incompetent I have to much faith in people