Thanks for your reply. I am fully aware of the fact that it is not realistic right now, but let’s assume it is in 2025. As I said, its more hypothetical speaking. Due to its high supply of Iota (not Miota), Iota was perhaps not the best example.
So what will happen to Tron if its value would increase to 30 dollars. From what I’ve understood, TRX will be used to settle transactions. Someone receives media/data (whatever it may be) and have to pay an X amount of TRX for that transaction. If you would make that transaction right now based on the current price of TRX, I wouldn’t see it was a problem because is pretty low value. Basically all transaction could be made. What would happen if an transaction would cost 5 dollar and the minimum value of Tron is 30? Wouldn’t that be impossible? Or would you be able to pay with 0,25 TRX?
And perhaps this example is not applicable to TRX or IOTA, but to another cryptocurrency such as NEO
So what will happen to Tron if its value would increase to 30 dollars. From what I’ve understood, TRX will be used to settle transactions. Someone receives media/data (whatever it may be) and have to pay an X amount of TRX for that transaction. If you would make that transaction right now based on the current price of TRX, I wouldn’t see it was a problem because is pretty low value. Basically all transaction could be made. What would happen if an transaction would cost 5 dollar and the minimum value of Tron is 30? Wouldn’t that be impossible? Or would you be able to pay with 0,25 TRX?
And perhaps this example is not applicable to TRX or IOTA, but to another cryptocurrency such as NEO
By 2025 most of the current coins will probably be dead. Maybe not. But it is a very long period for crypto indeed. But I repeat again, I don't think that such subdivision limitation exists. And if it does I also don't believe it is so impossible to change it inside the code - it would be a scaling problem that would need to be solved, similar as the block size problem with Bitcoin....
IOTA at 50.000 is totally unrealistic. Since there are 2,8 billion IOTA there, it would meant that it's total market capitalization would be 140.000 billion. Current total market capitalization of all existing tokens and coins is 586 billion.
Actually, it's an undervaluation. IOTA is going to be >1 trillion or ~0. They are working with corporations and governments to become the backbone of the IOT. IOT is estimated to be 10-35 trillion dollars, so whoever successfully creates the network it runs on will get the lion share of that value. Anything under 10 will be considered a gift if they are successful.
If one of them will be accepted as general instrument of payment all over the world, it will be, yes. But we really have too keep ourselves at mid term thinking as choosing the right one among 1000 coins, and yet more to be announced, is nearly impossible.
Also, for the purpose of speculation, I don't believe that anything accepted as payment instrument will have individual value much higher then current 100 USD, only a very high market cap.
