Comment Re:The Problem (Score 1) 332
This arbitrary fabrication precisely mirrors how Bitcoin started. There will eventually be 21,000,000 in existence. That number was completely arbitrary, as was the original degree of subdivision and nomenclature. The proposed subdivision and nomenclature is equally arbitrary yet functionally equivalent. The method by which Bitcoins are transferred and verified would essentially remain the same.
If there are too many Bitcoins lost (e.g., in the secured wallets of dead people), then further dividing Bitcoins into smaller fractions will have little effect besides slightly increasing liquidity. Any psychological effect would come from people misunderstanding the nature of the system.
If this hypothetical scenario is worrisome to you, you should already be worried about the "fabricated" nature of Bitcoin. Because, fundamentally, nothing changes with OP's proposal.