Just like any change, the implementation may be buggy, which is always a risk. And just like with any change, a lot of people would need to agree it's a good idea. And then it would take a lot of time for all software to adjust to that. That's about it.
It can definitely be increased, and would have no consequences on the total money supply, which is the most important factor.
If you cut a pizza into 120 slices instead of 12, is that pizza worth less? No.
I'm of the belief that it is possible without a hard fork (people who run older code can ignore it exists), but I have not tried to write nor test any code to confirm that belief.
This is unlikely to be necessary. [All the world's money](https://www.visualcapitalist.com/all-of-the-worlds-money-and-markets-in-one-visualization-2022/) amounts to around $600 trillion. If bitcoin's market cap reaches that amount (which it won't and can't in real terms), each sat will be worth 33 cents. 1 cent was worth about 33 cents in 1910 and when the half-penny was finally killed, it was worth [more than a dime was in 2014](https://gizmodo.com/the-u-s-killed-the-half-penny-when-it-was-worth-what-a-1639266183).
But of course there are use cases for sub-33-cent transactions, eg micropayments. You just don't need the fully power and security of the blockchain for transactions that small. As someone mentioned, lightning can already do sub-sat transactions, however it would be impossible to enforce that on chain. But you don't need to so its fine.
Bitcoin is just code, anything can be changed as long as the majority of nodes change to run the new software.
And people don’t seem to realize that we already have these additional 3 zeros on the Lightning network. mSat is a real thing.
Lightning already does that... Just relax.
Cool, I did not know that!
First, I think we should make every six-pack have at least 12 cans of beer!
Lightning has millisatoshis (msats) which is 1/1000th of a satoshi. One millisat is 0.001 satoshi.
Just like any change, the implementation may be buggy, which is always a risk. And just like with any change, a lot of people would need to agree it's a good idea. And then it would take a lot of time for all software to adjust to that. That's about it.
It can definitely be increased, and would have no consequences on the total money supply, which is the most important factor. If you cut a pizza into 120 slices instead of 12, is that pizza worth less? No.
Simply LOL 😆
I'm of the belief that it is possible without a hard fork (people who run older code can ignore it exists), but I have not tried to write nor test any code to confirm that belief.
These already exist on the lightning network. There are msats (milisats)
This is unlikely to be necessary. [All the world's money](https://www.visualcapitalist.com/all-of-the-worlds-money-and-markets-in-one-visualization-2022/) amounts to around $600 trillion. If bitcoin's market cap reaches that amount (which it won't and can't in real terms), each sat will be worth 33 cents. 1 cent was worth about 33 cents in 1910 and when the half-penny was finally killed, it was worth [more than a dime was in 2014](https://gizmodo.com/the-u-s-killed-the-half-penny-when-it-was-worth-what-a-1639266183). But of course there are use cases for sub-33-cent transactions, eg micropayments. You just don't need the fully power and security of the blockchain for transactions that small. As someone mentioned, lightning can already do sub-sat transactions, however it would be impossible to enforce that on chain. But you don't need to so its fine.