Quote Originally Posted by boost
Ong, you seem fixated on the value of a single coin, but this doesn't really matter. Just move the decimal point.
I'm not interested in the value, only the potential growth. If $ADA only has room for 100% growth from here, while $BTC has room for 2000%, then $BTC is the better long term investment. idk if it's fair to say $ADA can only get to $2, but it seems to me in order to do so it needs to significantly close the gap on $BTC in terms of market cap. I suspect $ADA has better short term prospects than $BTC though.

The values are important for daily function though. Normal people won't want to spend a coin that's valued in the $1k+ because it's not as simple to understand the numbers at a glance. You don't need to count zeros to know you're looking at $1000, but you do need to count zeros if you're trying to decide if 0.00001 BTC is a fair price for a can of coke. So the value does have relevance, in terms of common use.

Ofc it feels crazy to us that an average entry level sedan costs 3-5mm units of currency, but that's the case in Japan with the Yen trading at ~105:1 USD. The thing is, it's normal to the Japanese.
This is still only 100x and within natural grasp.

With BTC, we're dealing with the opposite-- the same car is worth somewhere around .625 BTC. But already it's common to count BTC in Satoshi's or Sats, the smallest divisible unit of BTC, which is a millionth of a BTC. There are ways to further break up sats, but for context, BTC would need to reach 1mm for a sat to reach parity with 1c USD
I guess breaking it up into cents dimes and quarters and whatnot will help.

With that said, it's estimated that all the gold that's ever been mined in human history is currently worth in the realm of 2 trillion USD
Fiat is no longer built on gold, but it's still crazy to think how much Monopoly money there is in circulation. The funny thing is, lots of people dismiss crypto as Monopoly money, but it's built on more solid foundations than fiat. I think crypto is the end of fiat. It will take a decade or two, but this is the beginning.