Hi everyone,
I have a question concerning the current high value of a BTC. I talk a lot with friends who don't know much about BTC and try to convince them to buy some too.
When I tell them about it, the same question which always comes up is:
"But since it is so expensive (2000-3000$), how can I afford 1 BTC?"
I always tell them that it is possible to buy 0.5 BTC or even 0.001 BTC. But I think this is a major problem which gets worse with the price rising even higher.
So here is my question:
Are there any plans on changing BTC to make it "look more affordable"? Perhaps introduce something like mBTC (worth 0.001 BTC 1 BTC = 1000 mBTC) so that people have a better feeling buying something, which is not a number behind a zero (e.g. 0.025).
I don't want it to become something like a "discount looking currency". But it's a psychological problem, that people don't like to buy only a part of something or (as in this case) often don't know that they can buy less than 1 BTC.
To say "Well, the people who don't know better shouldn't buy anyway" seems to be the wrong approach on the way to mass adaption.
i think you can answer their question with they don't have to buy the whole bitcoin, i mean they can buy with small amount for example, they only have $200 which mean they only get 0.07xxxx depend on the rate.
you can say that bitcoin is not like fiat, with bitcoin you can buy whatever amount of bitcoin with your money. tell them that bitcoin is another investment that will help them in the future because the price is always increase. i think it is only psychological of people which don't want to know about something because if they are curious, they will trying to search more info in many places.
