MultiversX Tracker is Live!

Bitcoin Price over 1 Million USD = Useless as payment option?

Bitcoin Reddit

More / Bitcoin Reddit 200 Views

Hey guys, I got a quick question for you.

When the price of 1 BTC hits 1 Million USD, it would mean that 1 SAT is worth 1 Cent. So with an even more increasing price you wouldn't be able to make micropayments anymore.

I heard that you could increase the number of decimals in the Lightning Network, but there would still be the problem then, that you can't move your funds back on chain in case the lightning channel gets closed e.g.

Are there any possible solutions for this issue yet? Or are developers even considering it?

submitted by /u/MarkSierra
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments