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re: Installed my first bitcoin miner...

Posted on 2/27/13 at 4:03 pm to
Posted by WikiTiger
Member since Sep 2007
41055 posts
Posted on 2/27/13 at 4:03 pm to
quote:

So assuming this is only used in the US, 100% of this currency would be held by less than 1% of the population?

If it's used worldwide, it's 100% held by less than .0001%?


huh? I don't understand your point.

Each bitcoin is infinitely divisible, with the current recognized standard being out to 8 decimal places.
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
70007 posts
Posted on 2/27/13 at 4:04 pm to
quote:

Each bitcoin is infinitely divisible, with the current recognized standard being out to 8 decimal places.






Wait what? You can, divide a bitcoin?
Posted by goinallout
Baton Rouge
Member since Nov 2005
1063 posts
Posted on 2/27/13 at 4:06 pm to
How many bitcoins do I need to be able to go to Circle K and buy a case of Budweiser?
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