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/biz/ - Business & Finance


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17344573 No.17344573 [Reply] [Original]

>person has bitcoin in wallet
>dies
>that bitcoin gone forever unless someone has their keys

Seems like a flaw in this system. After a while most bitcoin will be lost

>> No.17344598

>>17344573
Makes the remaining coinage more valuable. You can just continue to use decimals.

>> No.17344605

>>17344573

my jewish friend "solved" this problem by asking
"why can't you just mine dead addresses?"

>> No.17344618

>>17344573
>total supply has now dropped, making all coins more valuable
>your faggot ass has to somehow see fault in this, even though there literally isn't any

kill yourself

>> No.17344635

>>17344605
You could "mine dead addresses" by just running a massive supercomputer and praying for a key collision, but you'd have more success just fucking mining crypto

>> No.17344636

>>17344598
>>17344618
In 1000 years you run out of decimal places.

>> No.17344651
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17344651

>>17344636
>In 1000 years you run out of decimal places.
>run out of decimal places
>run out
>decimal places

>> No.17344659
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17344659

Luckily there's an improved version

>> No.17344665

>>17344651
You can't go smaller than one satoshi.

>> No.17344678

>>17344636
welcome to /biz/ where peole "investing" can't into basic math

>> No.17344690
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17344690

>>17344665
sure you can. they did when they made yr brain

>> No.17344693

>>17344665
How about I shoot you right where you stand? How about that you fucking BRAINLET PIECE OF HUMAN GARBAGE

>> No.17344740

>>17344690
>>17344693
trolled :) i was just pretending lollllllll

>> No.17344767

>>17344636
this dude fucks

>> No.17344773

>>17344690
>>17344693
fucking retards

>> No.17344792

>>17344651
bitcoin only has 12 decimal places

>> No.17344817

>>17344693
>>17344690
>>17344678
He's right you idiots.

>> No.17344830
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17344830

>>17344792
THEY WILL MAKE SATOSHIS DIVISIBLE IF NEED BE. THERE IS NO REASON WHY THEY COULDNT OR SHOULDNT IF IT IS NECESSARY.

>> No.17344834

>>17344792
Do you know what network consensus is you fucking mouthbreather? Do you know what a BIP is? Of course not. Why, after over a fucking decade, would I expect jackasses like you to ever learn or research anything?

>> No.17344840

>>17344817

Nah bro decimal places are not set in stone for Bitcoin.

>> No.17344846

>>17344817
You deserve to lose everything, I'm serious.

>> No.17345346

>>17344636
Lmaoooo the absolute state of biz

>> No.17345377
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17345377

>>17344636
>1000 years
>Decimal bad

>> No.17345405

i mean if you give a fuck about your family you could just leave directions in the will for how to access you btc?

>> No.17345423

>>17344792
>Sorry guys my system can’t go lower than $1 idk what you want me to do about it
>Sorry guys my system can’t go lower than 1 cent idk what you want me to do about it
>Sorry guys my system can’t got lower than 1 satoshi idk what you want me to do about it

>> No.17345425
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17345425

>>17344636

>> No.17345448

>Each bitcoin is equal to 100 million Satoshis, making a Satoshi the smallest unit of bitcoin currently recorded on the blockchain.

>recorded on the blockchain

Doesn't this mean then that there is a finite amount of decimal places? Let's say for some crazy reason 1 satoshi=$100, that unit is indivisible isn't it? At least as possibly recorded on the blockchain

>> No.17345481

>>17344618
>>17344598

>the year is 2050
>the remaining coinage will be more valuable
>3D print an ar-15, start gunning down everyone in sight
>police try to stop me but I have too much BTC at this point