Having bought some BTC at lower prices, talking about BTC prices is something really exciting for me since it means money, but I think that mBTC rates is better, because I keep hearing more and more people saying or thinking that they can't afford BTC anymore now it's over $1000.
Talking about buying a few mBTC for ~$1 each sounds way more attractive than buying 0.001 BTC, which feels like buying something worthless.
So I think it's a good thing for BTC to continue to become more mainstream!
I guess it will sound more stable this way, too. 1000 to 2000 or even 10,000 sounds like a much more sizeable jump than 1 to 2 or 10. Also helps overcome unit bias.
I understand benefits of devaluation if there is a hyper inflation. There is no authoity that could really devaluate bitcoin price, but we could try to devaluate peception of unit here.
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[ 6.1 ms ] story [ 37.9 ms ] threadTalking about buying a few mBTC for ~$1 each sounds way more attractive than buying 0.001 BTC, which feels like buying something worthless.
So I think it's a good thing for BTC to continue to become more mainstream!
Probably means: "The market price is above what I believe it should be."
Not: "$1000 is too much money for me to spend."
(Inflation is when the value of a currency decreases, causing the price of goods in that currency to increase or inflate.)
There has been no change in value. We're just talking about it with smaller numbers.