People understand dollars and cents as units. People don’t understand when words change meaning and remeasuring units entirely. People don’t understand when merchants measure ‘Bitcoin’ differently. Sats are Lindy.

Replies (6)

Normies are more likely to think bitcoin crashed and is dead if we start telling them a meal at Steak n Shake costs 10000 bitcoin. The reaction will "glad I avoided that scam" not "I can afford 1 bitcoin now".
Hundreds of millions of people own bitcoin and billions have heard of it. No more than hundreds of thousands of people have ever heard of sats. We're extremely early with bitcoin as everyday money.
There's only a 100x difference between a dollar and a penny. They're often used together like $4.99. Not the case with bitcoin and sats which have a 100,000,000x difference. The direction we are headed is the elimination of the term bitcoin. Let's avoid that fate while we are still in the early stages of bitcoin as everyday money.
Karadenizli's avatar
Karadenizli 7 months ago
"Bitcoin" will always be used to refer to the network and the money, even if sats are used everywhere. A single sentence explanation is enough for most people and it's stupid to ret con the definition of a bitcoin over it.