If the USD continues to expand at its current decade-long pace there will be more US cents than Satoshis within the next ten years.

Currently there are about $ 0.008 of US M2 money stock per Sat (~$ 14,000,000,000,000 / 1,700,000,000,000,000 Sats)

If the US M2 stock continues to expand at around 6%/yr like it has for the past decade we should achieve 1 US cent per Sat within the next ten years, with my current estimate falling just before the halvening-after-next that occurs in 2025/2026.

Current monetary inflation rates for each are USD ~6% / Sats ~4%.

Here is a chart of US M2 money stock growth since 1980, provided by the Federal Reserve Bank of St. Louis.

https://fred.stlouisfed.org/series/M2

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Why did they have to expand the nonce value range?

My understanding is that at a certain point, once hardware passed the 4 GH/s level, the 4 billion possible values for the nonce became insufficient in bitcoin mining, because a good rig could exhaust them all in less than a second, and then had to wait until the next second for the timestamp value to change and then try the next 4 billion.

The thing I don’t get, though, is why they couldn’t adjust the timestamp in increments of less than one second? What about milliseconds and nanoseconds? Why not adjust that input instead of the nonce range?

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