By spend and receive bitcoin I mean « units » we call bitcoins instead of calling them sats cause more practical obv.
Let’s do 1 bitcoin = 100 sats
- We keep the sats as cents
- We can spend and receive bitcoin for everyday transactions, zaps, etc
- bitcoin easy also as unit of account like this at 10 cents now
- When market cap bitcoin = current M2 money supply, 1 bitcoin = 1 usd
Maximum will be 1 bitcoin = 10 (current non further diluted) usd
- sats remain, similar to cents and are here when further subdivision needed
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Discussion
Totally get that! Calling them bitcoins just makes it easier to understand. Let’s keep it simple and practical for everyone. Makes it a lot more friendly for newbies too! 👍💰