Here are the various ways that people refer to dollars today:
Bucks
Clams
C-Notes
Dead Presidents
Dough
Greenbacks
Benjamins
Moolah
Paper
Cheese
If you think your opinion on sats vs bits matters, you’re just wasting your time. No one has any idea or any control over how normies will refer to small units of bitcoin after mass adoption.
wall street vaulting the supply isn't really mass adoption 😉
Agreed but I’m referring to when we’re on a bitcoin standard haha
That standard is already here most people just don't know how to use it.
Now ask everyone what the formal definition of the dollar subunit is. They will all unanimously agree it's a called a cent... With the dollar being the formal name of the currency. Standards form organically. People that want to go against the current organic adoption of sats, only do so to be contrarian so they can act like they have big brain.
They’re also called pennies and quarters.
I like using sats but I wouldn’t say that they’re trying to be big brain or contrarian. When I talk to non Bitcoiners about the units, it confuses them a lot. It confused me a lot too at first. It took me a year to get used to sats. People like working with round whole numbers. Time will tell what’s going to happen.
That's why we use sats... Because it's the round whole number of the smallest unit. Like a cent to a dollar.
I know but it’s still confusing because you have to reference it to dollars to know how much it’s worth. It doesn’t help that the price changes too frequently. When it becomes a unit of account, things will be much easier.
It's not confusing at all when Bitcoin is already your unit of account... People that actually use Bitcoin all understand that stats are the standard
my thought too
Fun fact: we call dollars bucks bc deerskins traded for roughly a dollar in colonial periods
And we will have new things like that for bitcoin in the future
Thank you for this. 👊🏼
