Replying to Avatar GetRekt

Bits makes more sense than sats, 10mil bits to a bitcoin. Use a lowercase b with a dollar sign for bits, uppercase b with dollar sign for whole coin. Show exchange rate (950 bits = $1 on the screen) prior to purchase
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OceanSlim 1mo ago 💬 2

Bad argument. Let's make a new unit for 10s of cents. Does that make that way make more sense than cents? No. Smallest subunit is what's defined in currency. Bitcoin has 8 decimal places. The smallest subunit is what should be defined. Not an arbitrary decimal point.

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GetRekt 1mo ago

Oh whoops I meant 100 million bits / sats per bitcoin, not to make a new decimal point. My bad.

I think the name just makes sense, “how many bits in a bitcoin?” 🤷

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OceanSlim 1mo ago

Way better but I still like sats better. Plus it's phonetically similar to cents.