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Topic: Can Bitcoin protocol be changed to allow for a larger supply? - page 3. (Read 539 times)

mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
A change to Bitcoin's total supply would require a hard fork; which obviously, a lot of people are against(both with hard forks and increasing of supply). So you might as well say it's next to impossible.

I think this supply isn't enough for world-wide using and mass adoption, so is Bitcoin supply really finite and unchangeable?
How is it not enough? Bitcoin is highly highly divisible. If you can't buy one whole bar of gold, then you buy a gram of it. Same thing with bitcoin. As bitcoin's price goes higher and as bitcoin gets widely used for merchant payments, probably expect us to be using the "satoshi" or "sats" denomination sometime in the future.

Quote
1 Satoshi   = 0.00000001 ฿   
10 Satoshi   = 0.00000010 ฿   
100 Satoshi   = 0.00000100 ฿   = 1 Bit / μBTC (you-bit)
1,000 Satoshi   = 0.00001000 ฿   
10,000 Satoshi   = 0.00010000 ฿   
100,000 Satoshi   = 0.00100000 ฿   = 1 mBTC (em-bit)
1,000,000 Satoshi   = 0.01000000 ฿   = 1 cBTC (bitcent)
10,000,000 Satoshi   = 0.10000000 ฿   
100,000,000 Satoshi   = 1.00000000 ฿   

Source: https://www.btcsatoshi.com/
newbie
Activity: 36
Merit: 0
Only 21 million Bitcoins can be mined in total. Currently, about 18 million of them have been already mined. Moreover, according to studies, 5 million Bitcoins (or even more) are lost forever.
I think this supply isn't enough for world-wide using and mass adoption, so is Bitcoin supply really finite and unchangeable?
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