If we change sats to bitcoin what the fuck do we call a bitcoin?
A hundred million bitcoins?
Do you know how confusing that is?
Thereβs only ever supposed to be 21 million bitcoin.
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Iβm submitting my own PR, where we can all win:
View quoted note β
lol the over complication here is hilarious. I bought my first btc in 2021 and immediately understood sats. I think I switched all my apps to showing sats in 2022 and havenβt gone back since.
If you understand Bitcoin at any level, you understand sats
Sats are sats are sats are sats #Sats
A bigcoin, lmao.
How much is smolcoin?
That was great π
This has surpassed the stupidity of Microsoft naming their e-mail app βOutlookβ (formerly hotmail), when there was already a software program by the same name.
Doubly stupid as Sats are rapidly becoming more relevant as the fiat price increases.
Language is hard
bitcoin language is sooo hard already.
sats per coin is easy.
Bitcoins per bitcoin is retarded.
Who gives a flying fuck how individual users denominate their bitcoin
Software should be able to handle a decimal point and no decimal point
And what about all the writing and historical records so far? And all the accounting done so far? Etc.
Money and language are incredibly important. Messing with either always leads to disaster. Organic emergence is the sane, healthy, and natural approach.
In a philosophical inquiry, Shakespeare posed the question, "What is in the name?"
Satoshi Nakamoto concurred, emphasizing, "#bitcoin is moneyβit must serve as a medium of exchange for routine transactions."
Gandalf, "The essence takes precedence over the form. Now, fly, you fools."
π¬
this is a good point i hadn't thought of. mostly because i haven't spent much time thinking about the argument because i find it a silly waste of pontification energy. but thank you and i love you
I sat down a bit and bit by bit I understood what you sat⦠uh said.
We can just call the whole thing "2.1 quadrillion superior store of value asset" and move on.
Yeah, we can call it a Superior Asset Store⦠or SAT for short.
Gigi You're a hero! π Or are you a Zionist too like Peter Todd?π€¦ββοΈπ
Omg Todd is pro Israeli state too?
He's just a fucking government propagandist wtf
Nooo, when I said I lost 30 BTC in the boating accident it was 30 sats, your honour. Here's the 7 sats Cap Gains anyway.
Yes! He would like all the Palestinians who died of hunger or deported to Libya. He wrote it yesterday in a post right here on nostr π€·ββοΈπ°
He is a genius of the code and βΏ but a Zionist racist of those fanatics
ππ€·ββοΈ
Are you saying you don't think language should be centrally planned? Anarchist!
But it's not, because the 21M #Bitcoin / #BTC is infinitely divisible; once we go sub-sat it would simply change again. π€
I don't think you understand how acronyms work. π€
You wont go sub-sats in your lifetime. We're trying to fix a non-issue here.
Never underestimate #Bitcoin / #BTC . π€
Personally I don't give a dime, a BenjamΓn or a red cent to creative, artistic terms for money.
The metric system is so logical. Hundreds, tens and units are easy to handle and visualise. Stick to similar: Bitcoin, something and Sats.
Any other term is just noise and will create barriers to adoption of a money that is supposed to be plain, simple truth.
"Euro-Cent" (common usage)
"BTC-Sats" / Bitcoin-Sats
???
Pretty easy and usable.
Yes of course! Bitcoin is not even touched in the vocabulary
Itβs meant to create confusion. If there are suddenly orders of magnitude more bitcoin, it undermines the entire narrative and turns normies off because theyβll think itβs a scam.
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If there is a name that needs to be changed, lets focus on Worcestershire Sauce for now.
we need to rename nostr to βnoβ if were ever going to see mass adoption.
In Brazil we call it: English Sauce. "Molho InglΓͺs". Easier.
Jack just got crazy. Or perhaps he is testing something.
No matter how smart someone is, they will still have some stupid opinions⦠for which they should be made fun of to teach them humility
I'm always fascinated how mankind is capable of fucking up over and over again. Just let the most perfect invention in millennia be. Don't touch it, don't rename it, don't get people confused before mass adoption. OMG
If weβre stuck on βhow we call a bitcoinβ instead of just making the damn system smoother for everyone, weβre missing the bigger picture: mass adoption wonβt happen if we keep confusing new users with tiny decimals, fractions, and weird terms.
Don't let them distract you with renaming sats to bits.
Run Knots.
#bitcoin
View quoted note β
I vote to rename sats to βniggersβ
Motion denied
Just made the change on my node
It would actually make more sense than "bitcoins"
If I find out Iβve zapped millions of bitcoin in this app Iβm going to be so embarrassed.
Exactly.
I would really appreciate us not pretending this is anything other than peasant mentality people trying to stop other peasant people buying XRP due to unit bias.
Rich people like scarce things.
2.1 quadrillion bitcoin has shitcoin written all over it. Not to mention we have spent years telling the world there will only be 21m bitcoin, and then we just go.... "Only kidding, now we have 2.1 quadrillion"
And one last point; "the base unit in the code has no decimal" is pure retardation. That's like saying there is no such thing as words, there are only letters, so now we call words, letters too.
Bring back 2018 when we all called each other retards, so we didn't have to live as one π€£
You can't centrally plan language. You don't change what things come to be called by decree, that's literally the most fiat thing ever.
Also, if someone is so confused by sats being subunits of bitcoins, they def do not have the mental capacity to deal with private keys.
All our sats are getting girlfriends!
Itβs fucking dumb
2.1 quadrillion
We will not call Sats Bitcoin. Easy. I don't know who started this fuckery but Bitcoin = Freedom. I'm not a sheep.
21 million bitcoin isnβt enough for everyone but 2.1 quadrillionβ¦itβs plenty to go around
correct, and itβs only confusing for you and going to be a lot less confusing for others as they begin using bitcoin
A Satoshi. π€£
#bitcoin #memes
Satoshi deserves to be named every time we use Bitcoin. Period.
Trust Jack and trump
We're not changing the name. SATs are the standard and are here to stay.
1 Bitcoin will always be 1/21,000,000th of the whole network, and 1 Sat will always be the smallest unit on the network. But I don't believe 1 Bitcoin will always equal 100,000,000 Sats.
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There are 21 million square kilometers. Each of those can be divided into 100,000,000 square centimeters. A centimeter is not a kilometer. A Sat is not a Bitcoin.
Words change, but the fundamental principles that make Bitcoin, #Bitcoin
Stay the same
It only cosmetic, and has zero no impact
View quoted note β
Jack Dorsey of all people think itβs a good idea
Meanwhile Steak & Shakeus accepting bitcoin nationally and Square terminals still donβt
He needs to focus on what matters
Not this retarded dumb ass BIO
Things that were supposed to be about Bitcoin:
*21 million Bitcoin
*Peer to peer cashless online transactions
*Bypassing financial institutions
*Proof of work
And anything else stated in the paper that introduced Bitcoin.
Just say whatever the fuck you want. This is so fucking stupid. Everyone but me is retarded.
Limited supply, the longer you wait the more expensive it gets. Better start stacking sats today
If we change sats to bitcoin what the fuck do we call a bitcoin?
A hundred million bitcoins?
Do you know how confusing that is?
Thereβs only ever supposed to be 21 million bitcoin.
View quoted note →
We'll call 'em gigamegs
Wait, there's really a discussion going on about this? That's sounds like a joke.
Dollars and cents.
Bitcoin and sats.
Why is it so hard?