I cant believe the credulity here.

The cluster B personality disorder playbook:

1) Community Crisis:

"We got trouble! Right here in River City!" If we keep calling them sats people wont use it as a means of exchange, even though we constantly claim that bitcoin is so powerful and useful it will be ubiquitous and people won't have a choice.

2) Plausible sounding problem that doesn't exist because it's already been solved:

Too many zeros can cause mistakes in small transactions.

3) Already in place solution is not enough. Social engineering would be more effective and the best way to determine this is to listen to the experts. The experts are experts because the experts say so:

Sats are esoteric. People who didnt know what bitcoin was yesterday and now do know are not likely to be capable of learning a new thing. Dumb poors get confused and cant grasp the concept of dollars and cents. Dumb poors think sats are an altcoin and cant understand a number smaller than one.

4) Lead with a reasonable, appealing (but unecessary) suggestion:

"bits is catchy. Bits are the smallest unit of bitcoin like bits are the smallest units of information" (remember we're talking about people here who get confused by concepts like dollars and cents)

5) Bait and switch the marks:

"but calling1 millionth of a thing 1 thing is the best decision and will help eliminate confusion and build trust".

If I wanted bitcoin to remain solely a store of value and encourage the mass adoptation of stablecoins, this is what I would do. The topic is just about guaranteed to become radioactive like everything else Jack attaches himself to.

Reply to this note

Please Login to reply.

Discussion

No replies yet.