Nostr Web Client

Probably because that's how every other currency is displayed. You could move sats to the front but it would look dumb. I can see a point for UX and UI consistency.

Decimals were always arbitrary and I have long stopped using them in favor of sats. So I have no issue there.

Sats really only makes sense to people deeply entrenched in the early history and culture. This makes more sense for some fucko who just wants to pay and be done. And that's eventually going to be most people who use Bitcoin, if every other technology is an indicator of how much understanding the average user will have.

You could make some other symbol for sats, but the Bitcoin symbol makes the most sense to me. I can't come up with anything more recognizable for the largest number of people than the first letter of the currency name.

I just don't see this as a hill to die on when it comes to growing adoption and use. Do I prefer sats? Sure. Does it make the most sense when all other currencies have a symbol out front? No.

Kayne 1w ago

Got it.

Hundred million bitcoin = one bitcoin

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Discussion

Matt 1w ago

"One Bitcoin" has always been arbitrary. Besides, as time goes on, almost no one will have any concept of "one Bitcoin" anyway. Imagine buying a meal or paying rent in a fraction of a billion dollars. One Bitcoin made some sense when people were paying 10k for a pizza, but it was still arbitrary as a unit.

Matt 1w ago

And since Bitcoin is purely digital, there really isnt a need for fractions of units like with physical money. It would be impractical to carry and use $100 in pennies. Hence paper money up to the 100 bill. It makes no difference in Bitcoin.

Matt 1w ago

And even if you do think it's useful to keep a similar structure (I'm open to having my mind changed), starting the structure at 100M sats is ridiculous at current values. So you just have no system until you hit 100M for 1 Bitcoin? That's like two years of the average US income just to get to the first denomination. Makes no sense. We could arbitrarily try to make some system but I don't see the point over just using sats or even the Bitcoin symbol at the front. I just don't see the big deal for anyone outside the five of us who even get what it means.