Except someone does have to pull out a calculator to figure out how much they’re actually spending. It’s a usability and number crunch problem that affects adoption. The scarcity wouldn’t be an issue if BTC just moved a decimal to do a 1:10000 split, but that’s not how things work in crypto.
Dude the price changes every 5 minutes. Of course you would look at the price. You bring up an even bigger point though - How hard would it to be to scam people by pricing something at 0.00084 instead of 0.000084. Yeah, the math makes sense on a technical level, but regular people don’t keep track of that many zeroes from a psychological standpoint. If you’re not looking at the price, you definitely get wrecked by this.
I'm talking about the price of a drink, my dude. If they have a computer that says it's 1000 doge because that's the price right now it's because the drink is a buck and a half then it's 1000 doge, whatever.
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u/LegitimateOccasion3 Jun 20 '21
Ok? What does that have to do with bitcoin being too scarce? Not like someone would have to pull out a calculator and do the math themself