Maybe instead of using "sats" we should have stayed in the "0.00000001 bitcoins" world. That was at least cool to give people the impression that a bitcoin is this super valuable asset.
Discussion
What is that?
One ten millionth of a btc?
Few real world people would put up with the pain of reading decimal points.
Here is the design guide https://bitcoin.design/guide/designing-products/units-and-symbols/#:~:text=Decimal
cc nostr:npub1kuc70777tsvj67fl75s2dmy376t97hv05xmyuyshzzy6vhj5q5jstv0eyw nostr:npub1urhnkns9rt4c9mk6t9xctjkzmlkawxkdpzjnxdxhx82mqm7hfpuq0j7ueh
Decimals as , is just shoddy work.
You make too many assumptions about real world people.
my buddy said once it's over 100k he's just gonna refer to it as .01
I think at some point we will call the things we call a “sat” today a “bitcoin”
For example, in the future you’ll buy a kg of coffee for 100 #bitcoin, represented in most wallets as 100 sats or 0.00000100 #BTC today
Last week that kg would have been a lot cheaper
I agree with you. Sats are cool but I’ve always thought that a fractional part of a Bitcoin should be represented in decimals or fractions. Perhaps, maybe because I’m a math person. Notation is important.
Or we do a verbal 100m-to-1 split and its just bitcoin.
There will never be more than 2.1 quadrillion bitcoin 😂
I agree it would have been better, but we have to live with Satoshi's choices. Changing the name of the "bitcoin" unit at this point is impossible.
I like 'sats'. pronouncing 'sathoshis', with all do respect, is cringe
No you will see Bitcoin extend beyond 8 decimals through off chain mints.
Gonna be a lot easier to back a mint 1:1 at the Sat level and fractionalise that a further 8 decimals
Sometimes I wonder, if #nostr is ready for mass adoption. Then I read the notes of the creator and realize, nostr is the future!
My brain makes the sound of "snow" on the TV set when I scroll past these posts and I enjoy the nostalgia (nostralgia?) I get out of it.