Secretary Janet Yellen on Nostr: If you exchange a $100 bill into 20 five-dollar bills, the bills have the same ...

If you exchange a $100 bill into 20 five-dollar bills, the bills have the same utility so they should have the same value, making it $2,000. - GeNiUs

Are you willing to sell me one #Bitcoin for one satoshi, Lysander Spooner (npub1avm…mfgw) ? Considering the same utility, you shouldn't have a problem with it.

quoting nevent1q…d9ks

No, there's 4 quadrillion units. The 21M is a psyop that doesn't apply, because the units are divisible without losing utility.

If you cut a banana in half, it doesn't full two people the same as a whole banana each. If you cut a tractor in 10 pieces, you don't have the same utility as 10 tractors.

Not so with Bitcoin. A division of a Bitcoin fulfills the same purpose as a whole Bitcoin. It loses no utility on account of it's division.

If you could slice a banana into 100 pieces and each piece still satisfied the same wants as a full banana, you have effectively expanded the supply of whole bananas.

The supply of units on the Bitcoin blockchain will be 4 quadrillion, if we imagine it will never ever change (tho that requires less sign-off than a Fed interest rate hike).