Discussion
It's not just influencers. It's people who have at least 2 working brain cells.
1 bitcoin = 100 million sats the same way 1 dollar = 100 cents.
It's really not that difficult. You guys are "working" on a non-existent problem.
Yay! I like when you silly post
The future of Bitcoin shouldn’t be gatekept by silly decimals.
Then price in sats.
Got it, and I’ll be sure to price my groceries in mBTC and μBTC while I’m at it.
You’re proving my point...
The second people need a glossary to understand Bitcoin pricing, the average user walks away.
Aside from the very strange choice to include 13 places after the decimal in the Sats Exchange Rate, this is perfectly clear. Currently it costs about 35,000 Sats to buy a meal at stake and shake. Gotta hope that's a meal for two or three.
I don't see how we need to bring in subset values like microsats, as you say above, until they matter.
And I don't see how changing the name to bitcoins or bits makes any difference at all. It might have been a better choice 10-12 years ago, but now it's just confusing, I think. I don't think it solves any problems. The only problem it tries to solve is unit bias, but it makes that more confusing as well, because now we have to explain that there aren't really more units. 
🤣🤣🤣
keep the bits ditch the quadrillions stuff
Maybe it's just a really stupid idea? And don't kid yourself Jack, you're an influencer too.
Maybe I am wrong,
But I am as non technical as they come. Sats wasn’t that difficult to understand.
But that’s just me.
Doesn’t seem like a huge deal either way.
Appreciate your contributions always, Jack.
A new name won’t incentivize statist zombies to adopt Bitcoin. The dollar will have to fail in some way.
This is Sats. That's it, that's all. 🍻
Kek.
I think this just paving the way for $1 = 1sat
But sats named Bitcoin=$1/BTC.
I can hear it now... "I paid only $1 each for my Bitoin, why did you frogs pay tens of thousands" 🤣🤣
"$1 per Bitcoin is too expensive " 🤣🤣
How about Lightning on those ubiquitous Square POS terminals Jack?
Bit more important than changing Sats to Bits don’t you think?
it’s coming soon
And what about this tricorder? Just vaporware? nostr:nevent1qqsppyua9nd33ud2p8nl7ke69vvldl7m2e2x2aw2u8wnp700ydnvsjsjtd53t
?cid=6c09b952aajice477eyg8g1hdf254mx62wyl9j8f1xu9lgk8&ep=v1_internal_gif_by_id&rid=giphy.gif&ct=g
™️
Awesome
What is? 👀
Need it ⚡️
Sats makes Bitcoin. It’s Bitcoin.
To Sat, or not to Bits: that is the question 😉
It's 2 years later, that should be done so long ago we'd be asking about Monero by now
Pathetic, jack
nostr:npub1f5kc2agn63ecv2ua4909z9ahgmr2x9263na36jh6r908ql0926jq3nvk2u, this is what I was referring to the other day during our conversation.
Jack’s a fucking retard
I'm ok with Bits in addition to Sats. I'm also ok with just calling Sats Bitcoins.
This is even less consequential than the Op_Return debate. Just do what you want
Name says it all
nevent1qqsgjzj7ceaq3qzvn66yqnkn2zzr8vsf24kx07scqq6ghhpncazpjegpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhg3g7kpt
here i fixed it for you.
8 Billion humans who use Bitcoin and the dominant culture of humanity >>> Bitcoiner "purists". Otherwise y'all are gonna end up like Bcash.
Sats will be the new Bitcoin.
yeah, it’s retarded
Shouldn't we be debating changing from 8 decimal places to 9?
No, 2.1 quadrillion bits; still only 21 million Bitcoin.
You're probably the biggest influencer here.
I disagree with "bits".
No reason to start relabeling anything.
We aren't just going to rename cents to dolls.
You're right on this one, despite all the ostrich eggs flying your way.
nevent1qqsgjzj7ceaq3qzvn66yqnkn2zzr8vsf24kx07scqq6ghhpncazpjegpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhg3g7kpt
INFLUENCERS => MOSTLY EVERYONE 😂
You're losing me Jack.
nevent1qvzqqqqqqypzqquxdpn0xlh4zqw9k3patfqml9nnndqkyd9e642sfxzlycj5279pqy88wumn8ghj7mn0wvhxcmmv9uq36amnwvaz7tmwdaehgu3wvf5hgcm0d9hx2u3wwdhkx6tpdshsqgpuv5lcuk8wagn4rdyrmaehndfcpfv68u0n6yerzs2956alsyygasdmmvx0
why fail an IQ test in public?
"There will ever only be 2.1 quadrillion bitcoin"
😐
You don't have to be an influencer to figure out the problem with this argument. You're basically saying people are idiots and can't figure out multifaceted things (like dollars, quarters, dimes and pennies).
It is not a complicated thing to understand that there is a finite number of pizzas, and that the pizza has slices (which we call slices rather than pizza). Well...it is some MMT folks, but the rest of the people get it.
You're throwing out the hard money argument.
Meanwhile, what we'd really like you to do is have every cash app terminal accept bitcoin. But it seems like you want to argue over this rather that do that.
For some time I've feared myself becoming a Jack fanboy, because I agreed with everything that came from Jack. But on the bits/sats, me and Jack disagree. Good to see.
OK 🤡
Am i an influencer? wow
The only accounts I see trying to rebrand to bits are big name influencers
ROFL 🤣 posting that meme as if you aren’t the definition of an influencer
Cool to see Phoenix Wallet has bits as an option.
I don’t see a problem with listing bits as an option on more wallets and letting the people decide.
Accumulating bits of a bitcoin also makes sense. The condescending attitude in the BTC community is wild to see.
Bit = 100 sats
I'm happy for people to use whatever they prefer. We are just not ok with a couple of guys deciding for us what a word, that already exists and we already use, means.
That’s all fair. All I’m saying on my side is, a popular wallet has the option to have bits. Just have it as an option to choose. Default sats but if people want to change to bits or btc, give them the option to do so.
Maybe we should teach real value first… before debating units?
Isn't bitkey open source?
Someone go post a PR to rename it the satskey.
Good job 🤩
Even your memes are corpo trash. Looks like something you had an intern make for you. "'Sats are the standard' spray." Thanks for clarifying it's a spray, the picture confused my simple plebian mind.
I appreciate your humor, jack.
But
1 bitcoin = 100,000,000 bitcoins
is a mess, and it will only make things more confusing. This will only make people feel that Bitcoin is starting to inflate in terms of units. Because Bitcoin has 210 trillion bitcoins. Sats are not only units and commemorations, but also a consensus born naturally by the Bitcoin community.
Respect Satoshi Nakamoto.🫡
Savage
Sats are the standard
Confusing!! 🤙🤣 verry nice ( Study) 🍊
FIXED IT
nevent1qqsgjzj7ceaq3qzvn66yqnkn2zzr8vsf24kx07scqq6ghhpncazpjegpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhg3g7kpt
Bits still look like the simplest option
Then again I would also call zaps charges
Respectfully disagree. Renaming Sats is akin to remove historical statues. Destructive to the movement and the truth of its historical roots.
Maybe cut back on the weed?
GM Bitcoin
I see we've retreated back to the "Bits" stage of the bait and switch. Well that's some form of progress I guess.
Sincerely, Jack:
Just start calling them bits. Bits is fine. Bits is admittedly catchier than sats for the newcomer. You'll call them bits, that guy will call them sats, some new girl will call them beanies or bees and the overwhelming majority of people will naturally intuit what is meant. You get to solve your imaginary decimal problem (imaginary because sats). It could have hundreds of potential names and that would still work. You can call dollars bucks, bones, clams. You can call one hundred dollars hundos, Benjamins. You can say 10 Large. You can say 12 Mill.
The one rule you cannot break —it would be marketing and PR suicide to break— is to call pennies dollars, to call dollars a million dollars, or any imaginable iteration of this pattern.
Decentralization is the only thing separating BTC from the rest of the pack. Pushing people around with the "definitely not the right word" shtick, peddling in deceptive arguments. All bad for perception. All bad for adoption.
Word of the day:
This is a lie.
Loving the replies! Nostr is so decentralised that even big names like Jack get called out for their stupid takes and they have to take it.
On X Elon would have shadowbanned half his critics by now or changed the algo to benefit his argument.
Who’s building a real „sats the standard spray“ that we can fill with water to take on bitcoin conferences?
1 ₿ = 1 ₿ The problem of adoption is certainly not solved by changing the terminology of the value of satoshi in bitcoin. But when it occurred to you did you drink?
The problem of adoption is certainly not solved by changing the terminology of the value of satoshi in bitcoin. But when it occurred to you did you drink?
1 ₿ = 1 ₿
nevent1qqsgjzj7ceaq3qzvn66yqnkn2zzr8vsf24kx07scqq6ghhpncazpjegpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhg3g7kpt
🙄says one of the biggest influencer on nostr.
Hackers everywhere dying at the disrespect in this statement 😩
So embarrassing. Not sure how much of a fool he made of himself.
Huh? No im saying Jack Dorsey is not an influencer he is a hacker
Oh. So, you support this retarded BIP177 bullshit?
No. Idc what the heck you guys call it… my friends literally referred to them by their rounded float integer (and still do to this day) and we do that because it’s cross compatible… math, the same in every language
What we’re trying to do is figure out a way to define a unit of weight which is bitcoin
We invested a unit and we need agreeable terms for it so that when Jack Dorsey implements a point of sale system in LA and I implement a point of sale system in Chicago we know what the hell eachother are talking about so we can regurgitate it to the accountants and retail business owners who will expect us to be able to define these things
*invented a weight, not invested
I hope you realize how stupid this argument is. A sat is a sat.
Okay well then you explain it to the restaurant owner 👋
Do you not get it? 1 sat is divisible into smaller fractions. Just like how 1 dollar is divisible into cents. Simple... right?
😑 thank you for explaining
Why wouldn't a restaurant owner understand that?
Is a Satoshi the smallest divisible unit? Or can it be infinitely divisible at the L2?
Lightning has millisats
A Satoshi is the smallest divisible unit of Bitcoin on the base layer (Layer 1). One Bitcoin is equal to 100,000,000 Satoshis, and you cannot go smaller than a Satoshi on the Bitcoin blockchain itself—this is hardcoded into the protocol.
Layer 1 (Base Layer)
• Minimum unit: 1 Satoshi (0.00000001 BTC)
• Not infinitely divisible — any smaller division would require a protocol-level change (which would be extremely difficult and controversial).
⸻
Layer 2 (e.g., Lightning Network)
On Layer 2, things are more flexible. Some L2 protocols may represent or use fractions of a Satoshi in their internal accounting:
• The Lightning Network, for example, allows the use of millisatoshis (msat) — where:
• 1 sat = 1,000 msat
• This enables finer granularity for routing fees and payments.
So while the base layer is not infinitely divisible, Layer 2 solutions can allow sub-satoshi units through their own internal systems.
Thank you!
This is just a distraction so you do not realize:
Monero is the real Bitcoin.
My man this shit is such a lame distraction.
You either die a hero or live long enough to see yourself become the villain
G m
nevent1qqsgjzj7ceaq3qzvn66yqnkn2zzr8vsf24kx07scqq6ghhpncazpjegpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhg3g7kpt
Jack. I hope you could read this.
Dear Jack,
I hope you’re doing well. I’m reaching out to share something deeply personal and ask for your help during an incredibly tough time in my life. I truly appreciate you taking the time to hear my story.
Over the past few years, I’ve found myself in a spiral of financial difficulties that started with trying to help others. My father struggles with alcoholism, and my mother has a brother with severe autism, which has placed a heavy emotional and financial burden on our family. In an effort to support them and cover growing expenses, I ended up taking on debts that snowballed out of control.
To try to pull myself out of this hole, I invested in stocks and later cryptocurrencies, hoping for a way out. Unfortunately, this only worsened my situation. I work at a bank and, in desperation, I asked my husband to take out a loan to help us manage the debts. However, because I processed these transactions from my phone, the bank mistakenly flagged it as potential fraud. Although we clarified that my husband was fully aware, I received a 15-day suspension from work as a penalty, which has left me in an even more precarious position.
Today, I’m overwhelmed by accumulated debts, and I’m struggling to survive financially. I’ll be honest—this has taken a heavy toll on my mental health, and I’ve been battling thoughts of giving up. But I’m determined to keep pushing forward and rebuild my life.
This brings me to why I’m writing to you. I’m reaching out to ask if you’d be willing to help me with a loan of [insert specific amount, e.g., $X or leave blank for now] to consolidate my debts and give me a chance to start fresh. I’m committed to repaying you monthly, and I’d be happy to work out a repayment plan that feels fair and manageable for both of us. My job at the bank provides a steady income, and I’m confident I can honor this commitment once my suspension ends and I stabilize my finances.
I know this is a big ask, and I’m incredibly grateful for your consideration. If you have any questions or need more details about my situation or the repayment plan, please don’t hesitate to ask. I’d be happy to discuss everything openly.
Thank you from the bottom of my heart for listening and for any support you might be able to offer
I try to tell my hisyory since 2021
There is literally nothing wrong with the unit of sats, it’s all wealth subjectivity - You have wealth, so you want your bitcoin split into higher units to save you the burden. Some of us do not have the wealth like you, so sats can actually be economically empowering for us. Makes us feel like we are accumulating a lot of future wealth
Classic humans trying to change something that doesn’t need fixing
When bitcoin hits 1M, 1 sat = 1 cent. I don’t see why your ‘bit’ agenda is being pushed so hard
first you get the bits, then you get the tits
Keep sats and make Nakamoto’s mother happy ..
Hi Jack! You're a great person and I have always taken inspiration from you.
Want to be better than you someday. 🙏
I would love to connect.
(🙏 I’m extremely Sorry for spam but it’s an emergency ❤️🩹 #startsmall )
Hello nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m sir, I am Sid, a gold artist.
I need your Help Please 🙏
I kindly request your few minutes please on my Primal Note on my profile 🙏
It’s genuinely an emergency for us, From my Job, to my family, our house & endless Medical bills❤️🩹
I can share any proof to verify everything,
But please save me & my family, please 🙏 Thank you 🙏
https://primal.net/e/nevent1qqsr4nu58kff3kvkr09awqwpkt2e2xq0sg9ascd4ajc84war7rnmg9gpmtv4h
I think confusing for some people who never knew crypto . but even in the wealthy country like Switzerland who have mass adaption , still they kids at school doesn't know how to convert the value of 1 bitcoin into sats . lets say 1 bitcoin = 1.000.000.000 sats.
The name doesn’t matter, it’s a lack of coordinated marketing and advertising to get people to understand the concept imo
gaslighting
Good day sir ☀️
Bits already means something else, it's a dumb name
Disagree, sats are better
nevent1qqsvx7v24kdrsymydhs4rmrhvdjllpqgz5qepastsljuzeyeytmfaecpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgq3qjp54xt8x4pezxdnmlvzfkkppver2ss263z65v5uadla29m4jr2dqxpqqqqqqzzmgcl7
Bits are shit 💩💩💩
You're a FED
I haven't forgotten
real devs will not indulge in this UX problem or a skill issue problem
bitties n' titties