Certainly some interesting points, there.
IF BTC indeed becomes/is a truly public good, will demand (and pricing) ultimately become so that some kind of "fork" or adjustment will have to be made to allow for 12 decimals, instead of eight? If you have — let's say — $1,000,000 BTC, and it's a "public good" in a poor country, will 1 Satoshi suddenly make it NOT really a public good, anymore?
Or is "bitcoin" just a metaphor for crypto, in a broader sense?
Interesting question. When one satoshi is worth a dollar does bitcoin stop being a public good? I don't think so, if inflation raises the price of Bitcoin to one million I think the similtaneous devaluation of the dollar will make one dollar available to all due to it's devaluation.
It's hard for someone who has lived in poor country in South America to envision earning enough dollars to have enough to buy bitcoin. But hyperinflation can make bread cost a thousand Pesos, so maybe the future is really terrible and this dollar is obtainable. I don't know. Things just keep getting worse.
This is a really good question, and I learned a lot from the question and the answer. This idea of satoshis is foreign to most of us, but when you ask this question, it makes me think! WHat really is a Satoshi!
And then I have to think about what you said, if bitcoin goes to a millon bucks, or dollars, does that mean noone from a poor country can buy it? very good question. How can it be the peoples money if they can't afford it. I don't know. I think I understand the answer, devaluation of the dollar will make one dollar obtainable. But right now, in poor countries one dollar is so much money, it seems out of touch.
But ideas like hyperinflation and devaluation are just words until you live in Venezuala and need a wagon to bring enough money to the store to buy bread. this stuff is hard to wrap your mind around it. BUt it is good we are talking about it, because this bad future of hyperinflation is comiong. When the US gets inflation, the rest of the world gets twice as much inflation or three times as much. SO I don't know how that will affect our ability to get dollars. I guess we will see.