Team behind #BitKit wallet has launched this #satsymbol initiative, that tries to align community on "how to write sat amounts" .
💡They postulate apps to display:
₿ 10 000,
instead of:
10,000 sats
0.0001 ₿, or
BTC 0.00 010 000
Should #Alby implement ₿ symbol standard ? 🤔
Please no. This shit is confusing enough for normies as it is. ₿ means bitcoin. ₿ = 100,000,000 sats. We need a symbol for whole bitcoins, and a symbol for sats, the same way we have a dollar sign and a cent symbol. I like satsymbol.com well enough.
WARNING FOR #Bitkit wallet!! They rug pull you!!!
Speaking to all who are so vocal about us being so early in Bitcoin. I kinda like the Idea of using one universal symbol but the problem is what do we do with all the content on the internet explaining #Bitcoin.
The content all around is the main reason why this new idea might not be so friendly to newcomers and will do more harm then good to people when DYOR-ing
We really gonna have this convo *again*???
It's '24. We've got sat symbols, we've got bitcoin symbols, we've got zap symbols.
Aw Hell no!
Cents have their own symbol, so should sats.
No, that looks like 10k bitcoin
No
No
SATS THE STANDARD
I think this is a good initiative, heavy hodlers can work on their large number skills and newbies can feel good about their big number stacks too #bitcoin
No, so confusing - ₿ stands for Bitcoin.
NO. Absolutely NO. ₿ is layer one.
There already was this a few years ago https://satsymbol.com/
Technically, layer one is only aware of the base unit, which is a sat. The 100,000,000 = ₿ is purely a social association rather than what core uses
I wouldn't want that symbol for sats and wouldn't use it. It's confusing, as it looks like it is referring to 10,000 bitcoin. In type, numbers are not written with a space between sections of the number, but rather with a comma or decimal depending when on your region, so it doesn't fit with existing convention in that regard either. It's a bad idea that's simply a waste of everyone's time.
