I'm not saying the price can't increase, I'm saying that dividing coins does not reduce scarcity.
Edit: Updated my original comment, turns out I'm the one who misunderstood your point. We actually agree.
I'm not saying the price can't increase, I'm saying that dividing coins does not reduce scarcity.
Edit: Updated my original comment, turns out I'm the one who misunderstood your point. We actually agree.
The dollar point feels more like word play. In retail there is a lower bound limit for dollars and this is 0.01 dollars. Not so with Bitcoin transactions. If 0.00001 of bitcoin etc. Is viable tender then simply put the limited supply of bitcoin might be misleading.
In the US, fuel stations price in tenths of a cent.
Google Cloud's per-second billing prices resources with a millionth of a cent precision.
One troy ounce of gold consists of 3.36x10^27 atoms.
There is not an infinite supply of Bitcoin, dollars or gold just because you can divide them into arbitrarily small pieces.
Again (for the third time) are you aware if fractions of bitcoin can be sent from one account to another? Or does it have to be one whole bitcoin? Again I don't know.
I'm just thinking theoretically you could convert bitcoin into bitcoin_plus and these coins represent 0.0001 of a bitcoin. And tada you have 100 million coins in circulation etc.