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mrosseel
on Dec 1, 2013
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Bitcoins: The Second Biggest Ponzi Scheme in Histo...
if GDP grows such that the smallest subdivision of one bitcoin (called 1 satoshi) becomes too expensive, extra decimals are added. So instead of making new coins, the existing coins will be subdivided in smaller pieces.
dgregd
on Dec 1, 2013
[–]
I known that it is possible to lower prices denominated in Bitcoins. However this is the deflation problem I am taking about.
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