Imagine having to rewrite every bitcoin educational book, redo every video, every tutorial, recode every wallet, in every language…and expect there to be enough consensus among existing HODLers, just to try to make people think there are more “bitcoins.” It would be an absolute clown show.
Unit bias is an issue with Bitcoin. Newcomers often buy Dogecoin or other altcoins simply because they can own "a lot" of them, while the idea of ever owning a whole Bitcoin feels impossible. One proposed solution by nostr:npub13ndpm2hm9hud4azsq5euhf5mv3d05r90wymwxsd7rdn29609hhvqp60svh is to shift the language from 21 million bitcoins to 2.1 quadrillion bitcoins. Bitcoin is a great brand name and using satoshis or sats can be confusing. This would fix that too.
However, I feel this proposal would create confusion too, especially for those new to Bitcoin and for the media—because for 16 years, people have heard there are only 21 million bitcoins. Explaining that the total supply hasn’t changed, only the denomination, would be exhausting. Personally, I think calling them “sats” isn’t very intuitive, they should’ve been called “bits”, but at this point, I don’t really care.
¯\_(ツ)_/¯
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