Thread - Nostr Hypermedia

The reason you see bits in the bitcoin-core gui is my fault, it was the first PR I ever did to bitcoin in 2017. I was quite the bits maxi back in the day. Its still a great system to think in if you still like to compare to fiat. When 1 btc = 1 million fiat, then 1 bit is $1, and 1 sat is 1 cent. These days i increasingly find myself thinking in sats and msats for accounting, but i still like bits.

Replies (21)

BTC_P2P 2 years ago

I think in Sats too. Took 3 years of being in Bitcoin and the switch was subconscious. Sat is the standard!!

Andrej designSats designsats@nostrplebs.com 2 years ago

Proliferation of LN kills bits. Everybody thinks in sats cos thats the base unit and whole numbers are easier than fractions

signal_and_rage signal_and_rage@no.str.cr 2 years ago

I forgive you; let the users decide

Modus modus@iris.to 2 years ago

Andrej designSats designsats@nostrplebs.com 2 years ago

One just feels better https://nostr.build/i/113d1b179e70374f403b31add6fb1912719ad489f741215f549229cdca608b36.jfif

npub1lku8...ffmu 2 years ago

Merci

Cpt. Charisma 2 years ago

Well, Satoshi wanted to call them apples and mellons or something, so I guess it could have been worse.

npub1qfmn...sqlc 2 years ago

Sats are the right denomination, but bits is a better name

Deleted Account 2 years ago

whole bits vs sats fight is pointless, bitcoin will never be constant in value when measured in fiat, give the user an option to show it their prefered way and that should be enough the only constant is 1 btc = 1000 mbtc = 1000000 bits = 100000000 sats

Gigi dergigi.com 2 years ago

1 replies ↓

SMS mainvolume@nostr.fr13nd5.com 2 years ago

Bullies

Tetsu Tamasi tetsu@nostrplebs.com 2 years ago

I was Bits maximalist. For a week.

npub1r3ux...009j 2 years ago

Bits makes more sense and easier to explain to new people. Is there any reason why Adam is suddenly pushing this again though? I saw some chatter about it last year, died down and now popping back up again.