Drop the sats. Just bitcoin. It's cleaner.
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I'm gonna call you dick from now on because of your nose.
Go Fuck Yourself.
Sats came to be called sats by consensus. Organic.
This current push is inorganic.
No, that is just retarded and will cause more confusion, leave it alone.
π€ there are some generally good arguments for this, namely the perception of accessibility. I also have experienced the confusion from the uninitiated regarding bitcoin, and the perception that it is "out of reach" or "too late."
A potential unintended consequence of this change however would be a devalued perception of bitcoin.
"Strong" fungible currencies more often than not have subunits. Interestingly, the only fungible monetary instruments without subunits are highly inflated currencies where a singular unit is useless for economic use (VES, ZWL, LBP, TRY, ARS, IRR, SDG, SYP, AOA, ETB, HUF, DONG, etc)
USD United States Dollar dollar cent
EUR Euro euro cent
GBP British Pound Sterling pound penny
JPY Japanese Yen yen sen (obsolete, rarely used)
CNY Chinese Yuan Renminbi yuan jiao/fen
INR Indian Rupee rupee paise
AUD Australian Dollar dollar cent
CAD Canadian Dollar dollar cent
CHF Swiss Franc franc rappen
RUB Russian Ruble ruble kopeck
BRL Brazilian Real real centavo
MXN Mexican Peso peso centavo
ZAR South African Rand rand cent
NZD New Zealand Dollar dollar cent
KRW South Korean Won won jeon (rare)
SEK Swedish Krona krona ΓΆre
NOK Norwegian Krone krone ΓΈre
DKK Danish Krone krone ΓΈre
TRY Turkish Lira lira kuruΕ
THB Thai Baht baht satang
SAR Saudi Riyal riyal halala
AED UAE Dirham dirham fils
PKR Pakistani Rupee rupee paisa
EGP Egyptian Pound pound piastre
NGN Nigerian Naira naira kobo
The subunits have had no effect on the majority of the population's ability to understand the difference between units and subunits.
Nuclear option probably not necessary.
Are any of these subunits 8 orders of magnitude different?
Yes, unit of length. All the way down to Angstroem. (1E-10)
Every single one of those units actually have infinite precision; so yes. There are many things in the world that are measured in fractions of a cent. While uncommon in day to day commerce, it exists, and markets don't get confused.
When USD was strong, dollars were out of reach, and cents were used day to day. People didn't get confused.
I am not sure coddling the public and treating them like toddlers is the path towards a sefl-sovereign society.
I do understand the arguments, but like many others, it is suspicious that this "decision" is an elitist, top-down initiative. It feels contrived.
Sure. I zapped you zero point zero zero zero zero zero zero twenty one bitcoin is so much cleaner.
How stupid. Yβall can call it whatever the fuck. We know what it is. Bitcoin is Bitcoin, Sats are Sats. You can choose to call it cows but that will not change what it is lol.
Retard note of the day!
No
Whereβs the reverse zap button?π€
Yeahhhβ¦ we're gonna need you to shut the fuck up on this one. πββοΈ
Stay humble & stack sats. π€
Disagree. I've never met anyone who was confused by the smallist division of a bitcoin being called a sat. Not any of the blue collar people I've spoken to, not my parents nor my grandparents.