Replying to Avatar Marks

“Sats” has to be explained. “Bitcoin” does not. People will need Bitcoin and they’ll see numbers on the screen. That’s it.

If you think sats is the word used long term, you haven’t made that connection yet or you have an anchoring bias.
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Galetaire 7mo ago

I've been living with a solid Bitcoin standard mindset since I joined Nostr, and it's now quite natural and intuitive for me to talk in terms of satoshis. I definitely believe that "sats" is the right unit for those who use Bitcoin as a currency and unit of account. But it's not ideal for those who use it solely as a store of value.

That said, I agree that most of the world currently sees Bitcoin as a store of value. So when speaking to that audience, using sats can be confusing. It's probably better to stick with the bitcoin unit in those cases.

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Marks 7mo ago

Yeah that’s a good view too. Sats for sure makes sense for many of us on here. We are the ones who are willing to take time and adopt new technology.

The billions who don’t even consider Bitcoin as a store of value will someday use it. At that point, my hypothesis is that they won’t take the time to understand the nuance of sats and will colloquially say bitcoin