Lysander Spooner on Nostr: Your example is so obviously flawed, it's no wonder you have trouble with these ...
Your example is so obviously flawed, it's no wonder you have trouble with these concepts. When you say "making it $2,000" you switch from talking about utility to valuation.
I never claimed the valuation of a sat is the same as the valuation of a BTC. I said the utility of a sat is the same as the utility of a BTC.
Which makes the SAT the fundamental "unit" of Bitcoin, and the BTC simply a collective noun for 100,000,000 units.
The number of units is not 21M but 2 quadrillion 100 trillion.
I never claimed the valuation of a sat is the same as the valuation of a BTC. I said the utility of a sat is the same as the utility of a BTC.
Which makes the SAT the fundamental "unit" of Bitcoin, and the BTC simply a collective noun for 100,000,000 units.
The number of units is not 21M but 2 quadrillion 100 trillion.