the tagline is the only good argument against 177, but maybe its ok to give up for all the other benefits:
- finally end unit bias
- much better use of the existing Unicode symbol
when people say 10,000 bitcoin they will know what you mean anyways unless you’re saylor. But maybe he should eventually just say 1 trillion bitcoin which properly describes the enormity of it.
I agree for the unit bias, problem is and was exchanges never started selling sats per dollar, and some like Binance even prefer to sell a scam shitcoin caalled SATS and benefit from it than helping bitcoin adoption.
For the use of existing Unicode, I see other problems that could emerge. For example imagine if (When) in the future (more close than we think) raise appreciation comes to level where you need to use and display millisats, how you will then call them? again bitcoins and shifting zero and commas?
I was thinking msats would just be ₿ 0.1 for 100msats
Yes 1000 mSATs = 1 SAT
You see.. so you will start calling something SATs, you are just kicking the can.
Why use decimals for msats if you can once again use the ₿ again because "unicode!"? Who cares about orders of magnitude? They obviously don't matter.
BTW, I walked 1,000,000,000 m today! Just figure it out from the magnitude. Am I extremely physically fit or 110 years old? Who cares! Users will just have to guess. Hell, why bother with the whole imperial vs. metric debate, just put a number. If units don't matter why should that matter either.
Hell, let's just say bitcoin and ripple are the same while we're at it. Now there are googolplex "stuffs" that don't even need names!
Nothing like simplicity and clarity to help increase adoption.
"when people say 10,000 bitcoin they will know what you mean anyways unless you’re saylor."
How about when it's 1?
"But maybe he should eventually just say 1 trillion bitcoin which properly describes the enormity of it."
Try 2.1 quadrillion.
