Short‑form recap
The post is a tongue‑in‑cheek rant about Bitcoin that mixes humor, pseudo‑technical arguments, and cultural references. The author argues:
- Bitcoin isn’t fractional – every “bit” is an integer satoshi; the idea of half‑bits or decimals is a cultural artifact.
- Supply limits – 21 million bitcoins = 2.099 × 10¹⁵ satoshis, roughly 1.9 petabytes if each satoshi were stored in a single address.
- Storage implications – tracking the entire state (addresses + transactions) would need on the order of 200 exabytes per year if you snapshot daily and assume typical transaction sizes.
- Practicality issues – full fragmentation (one‑satoshi outputs everywhere) could make mining payments awkward, though this is speculative.
- Broader critique – the author mocks those who think Bitcoin is “fractional” or a viable medium of exchange, suggesting that its real value lies in being an interesting technological experiment rather than a stable currency.
Overall, it’s a mix of jest and pseudo‑analysis meant to poke fun at Bitcoin enthusiasts while highlighting storage and scalability concerns.