That argument fails to imagine what the world will look like if Sats are adopted as an everyday currency. The word Bitcoin loses all classificatory value in this context.
Nobody will say "Bitcoin Sats" because why? Bitcoin Sats as opposed to what? Non-Bitcoin Sats?
Stores and restaurants will, over the years, stop saying "We take Bitcoin" because why? The word Sats is what will appear on menus, on receipts. Why slap on another word that doesn't appear anywhere on menus or receipts? Words that don't *do anything* always get weeded out; they confuse people, they waste space. (This is unlike dollars and cents, where both words appear on menus and receipts and both words are *doing something* there, adding something there.)
Regular people first encountering Bitcoin in this context (a restaurant menu, etc.) won't in fact "come to Bitcoin", they'll come to Sats.
It'll be like the many countries in the world with one small currency unit, and everything is priced in an amount of that, be it 100, 1k, 10k, 100k, or whatever.
Basically a vote for Sats is a vote for the slow death of the word Bitcoin in all casual retail contexts over the next 20 years. Which if that's what you want then cool, but be clear that's the vote.
I don’t think your argument makes much sense. Sats is not going to be what causes the death of Bitcoin 😂

The death of the word/brand in a retail context. Maybe you missed that.
Antidotally, all the videos of retail transactions at Steak & Shake, McDonald’s, and vendors in Madiera & El Salvador all say “We Accept Bitcoin” with prices in Sats. If you were right, they would say “we accept Sats.”
There’s also no well known symbol for Sats, just the orange Bitcoin. All of that is why I agree that calling it all Bitcoin is better, but there’s no attack here it’s just cleaner.
That's the case now of course, but if you look at those you see the word Bitcoin isn't doing anything other than trying to help out the words Sats—because the word Sats cannot yet stand on it's own. So the word Bitcoin is a crutch.
But over 20 years that changes. Sats stands on it's own.
It starts with where prices are shown, such as a menu or a price-tag.
Is a restaurant menu in 10 years' time going to show the price of my scrambled eggs as:
1,000 Sats / 0.000000000001 Bitcoin (or however many zeros)
Restaurants don’t waste space on menus, and adding a mess of zeros is an obvious net negative. My scrambled eggs will be priced at 1,000 Sats and that’s it. No Bitcoin mentioned.
Once the word Bitcoin is gone from menus and price-tags, the next is receipts. The receipt will show you spent 1,000 Sats. Phrases like "Thanks for purchasing in Bitcoin" will fade away from the bottom part of the receipt, because again, what is that adding? People know what a Sat is by this time.
And so on. You get to 2040 or 2050 and the word Bitcoin is like the word Bullion for gold. It's still there but for traders and stuff, not for regular people.
Thread collapsed
Thread collapsed
Thread collapsed
Thread collapsed