Crypto 360°

Let's hear it for PineappleFund, the user that gave away over 5000 bitcoins for humanity's sake.

I feel honoured to have witnessed his/her great acts of kindness back in 2017.

The word legend was reserved for selfless and benevolent people like Pine. You can read more about this amazing story here: https://en.m.wikipedia.org/wiki/Pineapple_Fund

I like to think he/her is still reading these forums and if they are, we salute you.

submitted by /u/BrainDamageLDN
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Are low fees necessary for divisibility?

I recently went through a post on r/Bitcoin about the beauty of BTCs divisibility, and how it can be broken into so many satoshis.

However, isn't it necessary to have low fees in order to utilize divisibility? What use is dividing 1 BTC into 10,000 satoshi if it takes a minimum of 100 satoshi (for example) to complete a transaction within any semblance of a reasonable timeframe?

Am missing the picture here? The "transaction" cost (physical energy) of dividing a physical penny into sub-pennies would negate the benefits of handing out 10 sub-pennies to anyone, especially if the only way to transact with the "sub-penny" would be to combine it into a usefully accepted whole coin.

submitted by /u/ricardotown
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source https://www.reddit.com/r/btc/comments/kpb9f3/are_low_fees_necessary_for_divisibility/