Fractionalizing bitcoin, part 2

Part 1 was segmenting a risk equalized node in the miner pool.

But, fractionalizing micro-bitcoins such that they exceed the double entry rule is possible, if the utility is greater than the probable cost of bankruptcy. Within a segmented miners node, one could run an S/L on micro coins, backed by -2 to +2 percent variation from fully backed. The automated pits convert that into a minimized insurance cost, a fee to offer risk equalized S/L representative sample with collateral based entry and exit fees. Bankruptcy becomes extreme, but has some measurable history.  Traders know tis to be u hedgeable, pure liquidity in micro-bitcoins, and accept marginal losses and gains at the margin, like a monopoly fee. Collateral  hedges trader bankruptcies. Bankruptcy costs bound, but costly, like timed call backs.

When micro bitcoins get stranded, they get dumped into deposits,the pit boss spreads the losses, and takes its share forcing it close to boundary.  But it rebalances, the excess micro-bitcoins remain within a bound.