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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link=blue vlink=purple><div class=WordSection1><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><div><div style='border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0in 0in 0in'><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>From:</span></b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'> extropy-chat-bounces@lists.extropy.org [mailto:extropy-chat-bounces@lists.extropy.org] <b>On Behalf Of </b>Omar Rahman<br><b>Sent:</b> Thursday, November 07, 2013 12:09 AM<br><b>To:</b> extropy-chat@lists.extropy.org<br><b>Subject:</b> Re: [ExI] What happens when Bitcoin goes to a million bucks?<o:p></o:p></span></p></div></div><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p><div><div><p class=MsoNormal style='mso-margin-top-alt:5.0pt;margin-right:.5in;margin-bottom:5.0pt;margin-left:.5in'><span style='font-size:9.0pt;font-family:"Helvetica","sans-serif"'>From: Max More <</span><a href="mailto:max@maxmore.com"><span style='font-size:9.0pt;font-family:"Helvetica","sans-serif"'>max@maxmore.com</span></a><span style='font-size:9.0pt;font-family:"Helvetica","sans-serif"'>><br>To: Brent Allsop <</span><a href="mailto:brent.allsop@canonizer.com"><span style='font-size:9.0pt;font-family:"Helvetica","sans-serif"'>brent.allsop@canonizer.com</span></a><span style='font-size:9.0pt;font-family:"Helvetica","sans-serif"'>>, ExI chat list<br><span class=apple-tab-span> </span><</span><a href="mailto:extropy-chat@lists.extropy.org"><span style='font-size:9.0pt;font-family:"Helvetica","sans-serif"'>extropy-chat@lists.extropy.org</span></a><span style='font-size:9.0pt;font-family:"Helvetica","sans-serif"'>><br>Subject: Re: [ExI] What happens when Bitcoin goes to a million bucks?<br><br><br>Brent: You say that "Everyone should have at least one Bitcoin". <span style='color:#1F497D'>…</span>--Max<br><br style='orphans: auto;text-align:start;widows: auto;-webkit-text-stroke-width: 0px;word-spacing:0px'><br></span><o:p></o:p></p></div><div><p class=MsoNormal><span style='color:#1F497D'>>…</span>The main problem with bitcoin is precisely this: it is impossible for everyone to have a bitcoin. The system was designed with an upper limit of 21 million coins availabl<span style='color:#1F497D'>e</span>...unless we want to get into 'virtual' bitcoins. ;)<o:p></o:p></p></div></div><div><p class=MsoNormal><span style='color:#1F497D'>…</span>Regards,<span style='color:#1F497D'> </span>Omar Rahman<span style='color:#1F497D'><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>Can you buy shares in a bitcoin? Why can’t we have fractional bitcoins? Can someone with a bitcoin issue currency representing a fraction of that bitcoin? If I had a bitcoin and I could create a table with a limited and fixed subdivisions, such as the letters A thru Z, then each bitcoin with that number and an alpha would be 1/26 of that coin. Then if someone owned all 26 suffix letters, she could retire that and create a new closed-ended set of subdivisions, such as cents, so that there are 100 divisions of that coin. I might plunk down a few bucks for a centi-bitcoin.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>spike<o:p></o:p></span></p></div></div></body></html>