Well, yes and no. I've said this before but I don't know if it will ever gain any traction. They need to eventually trade bitcoin in smaller denominations. Like maybe even all the way down to satoshis. I'm not sure what it would take (or if it's even possible) to add a couple more decimals. At $1 million/btc, one satoshi = $.01 US. One penny. If I was walking around with a half a bitcoin, for example, that would be 50,000,000 (50 million) sats. I think I would be much more inclined to spend a few of those if I could guage what I'm actually spending. Face it, when I have .00031313 bitcoin I really don't have a clue what that is. I can figure it out but it doesn't really register. If, on the other hand I had 31313 sats, it would be a lot easier to judge what I had and how much I'd be spending if I used some.
When you consider that the vast majority of people in this world already consider buying bitcoin pointless because they can barely buy anything that seems meaningful, it might go a long way towards getting people to actually use it.
Plus, it would take the total supply to 2,100,000,000,000,000 (2.1 quadrillion), probably a much better number to use when you consider it could potentially be representing the entire world's money supply.
The difficulty would be in trading it. You couldn't really trade in pennies. You'd need a larger denomination as well. Maybe halfway. A "Nakamoto" could be .001 bitcoin or something. (100,000 sats)
Anyway, just a thought that's rattled around in my brain for a while now...
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The problem is with just a few SATs, the fees will kill it. That makes it impractical for Bitcoin as transactions.
And Lightning is just like constructing another chain, it isnt even really tied to the original for the most part. So from that perspective, I dont see the security that BTC provides.
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