This whole discussion on 'are those fractions of a bitcoin called bits, sats or just bitcoin' I get it for the newbies, 'Satoshi's are cents?' hmm. 'Is is not some other crypto coin?'
Bits sounds most sensible to me and sats feels nostalgic, but bitcoins? 🤨
I image only some whale hodler some day might by accident send me 2000 bitcoin thinking its 2000 sats/bits. Wouldn't that be horrible.
Bits are 100 sats. 312 sats = 3.12 bits = 3 bits and 12 sats.
Which is why bits are also retarded. Currency should have a full unit and a smallest subunit. Nothing else makes sense and we've never done it any other way.
Well... Quarters, nickels, dimes... But I also think bits are retarded. A bit is the smallest unit of data in a computer, which is not equivalent to a unit of value in any sense
