I guess they’re still not using bits though?
Just putting the bitcoin logo next to “sats” values. Eliminating sats without replacing them?
Discussion
It is basically re-branding satoshis into bits. It's a UI thing.
Still dangerous when coming from Dorsey and still sabotage to bitcoin and spit in the face of those who treat Satoshi as Bitcoin's Inventor.
Yeah i do feel a bit uneasy about how quickly they did this. Not decided yet if i think it’s bad though.
I feel like sabotage is a stretch. You don’t think he believes this is what’s right for bitcoin?
No I don't think so. He is intelligent.
He also supports 2.1 quadrillion bitcoin that is the BIP177...and seedless cold wallets.
So now you have triple sabotage.
I call it what is.
Fair i respect your opinion. Just dont understand his motives for sabotaging btc. All his actions point to the opposite imo. Even if we might disagree on what’s best for bitcoin
Motives? Corporate take over.
Possibly doing it for bigger players than himself. War for bitcoin narrative is on. First steps is always diminishing or destroying the legend, the myth and the meme.
I def understand your fears. I might be a simp since i work for the guy but i really trust him based on everything i’ve seen
They didn't do this quickly. They just didn't tell us, until they were ready to do it.