It is not. There is a limitation of 8 decimal places.
Bitcoin itself cannot be a bank note, as such, anymore than gold. So you create tokens (federal reserve notes, for example) to represent bitcoin. Our currency used to work this way until Nixon removed the gold standard.
There are 21 million possible bitcoins. Each bitcoin can be broken into 10 million pieces.
It is not. There is a limitation of 8 decimal places.
Bitcoin itself cannot be a bank note, as such, anymore than gold. So you create tokens (federal reserve notes, for example) to represent bitcoin. Our currency used to work this way until Nixon removed the gold standard.
There are 21 million possible bitcoins. Each bitcoin can be broken into 10 million pieces.
Cool good to hear. Where can I go to learn about the 8 decimal places limitation?
Cool good to hear. Where can I go to learn about the 8 decimal places limitation?
Please keep in mind that people's coins can and do get "lost" because once you forget your wallet's hash code, that's it. The coins don't disappear, but become locked in the block chain with no way to reclaim them. Therefore, over time, the number of coins go down.
[Start here.](https://www.startpage.com/sp/search?query=bitcoin+decimals+total)
Please keep in mind that people's coins can and do get "lost" because once you forget your wallet's hash code, that's it. The coins don't disappear, but become locked in the block chain with no way to reclaim them. Therefore, over time, the number of coins go down.
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