Cashapp abandoned “sats” in favor of “₿” 🥲
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How you say that? 🤣
It would be awesome if the spec simply said that "B" is sats instead of trying to re-define what 1 BTC is.
Um, no, @npub1cash...dg5l , it is Sats 丰 ⚡️🤑
Sats the Standard.
I fell like sats with the lowercase ses is best, jest sayin
Right? It gives zero explanation. Maybe like Prince when his name became a symbol? “The currency formerly known as sats” 🤣🤣
Yep, agree.
😂😂😂
They did this bullshit? Wow. When did that happen?
Fucking egos... Always breaking everything
Yeah no. 丰 FTW.
Yes their explanation is confusing. How do you pronounce “₿” anyway? 😂
highly regarded.
this is peak central planning vibes.
Ignore the market then tell the market what is easier for them despite the conclusion the market already arrived at.
Completely retarded.
many such cases
Not sure. I just noticed that my balance in the app now uses that symbol instead of “sats” so I think they switched it fairly recently.
💯😂
💯
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😂
Their fuckin idea of rebranding bitcoin. Dorsey was pushing for that. Thought he let it go. Looks like they've been doing work in background though.
Tripped out today refilling my Primal wallet - how the fuck do I have 300,000 bitcoin in CashApp!!?? 😂
they did this in the Bitkey app too. Not a fan.
Would be helpful if @jack explained his logic behind this change.
yeah, exactly
'Bitties' iykyk
This is a great idea! We will do the same thing with US dollars. One cent will now be simplified to $1 and One dollar will be simplified to $100. We're cancelling decimals! They're just too confusing. 🧐
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This is a great idea! We will do the same thing with US dollars. One cent will now be simplified to $1 and One dollar will be simplified to $100. We're cancelling decimals! They're just too confusing. 🧐
Sometimes smart people do retarded things.
🤣🤣🤣
So much better than the single syllable word “sats”
Why confuse normies by saying “sats” when you can confuse them even more by saying “₿” and then having to later explain that it’s really just sats and then having to explain what sats are anyway? So much better.
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This is the kind of thing that makes me think @npub1546j...f9mt is right about the deep state having an agenda with Bitcoin.
You don't get Jack's degree of power and wealth without playing ball.
I’ve spent a long time among tech trends and users. This isn’t the last little change in the Bitcoin world that will try to ease things for users without jacking up the usability. Get used to it. Something will eventually stick. It barely matters.
I simply don’t care your opinion on this 🤷♂️😂
Not an opinion given. That’s just the perspective I end up landing with when I see someone with audience make a UX call I don’t agree with. Ignore my post. Just my cope.
“It barely matters” is absolutely you giving your opinion and I don’t care that you think it doesn’t matter.
Yeah, that was a bold statement. What I meant by it was that the shitty tries often fail and are replaced by the inspired approaches that resonate with users and other vendors or devs. It was me saying that the bad ideas will get replaced by the good ones. Time is on our side with this one.
I have a weird feeling that he still doesn't care
I don’t think it matters
In fact i kinda like it
Guess my opinion doesn’t matter either tho….
Damn
We're all Matter that don't matter
Do I pronounce it "The currency formerly known as Bitcoin"?
Lame. What is ₿ anyways
@Alby did this too. And @River.
I still prefer the sat symbol: 
Sat Symbol - Support the design initiative to make this the universal Satoshi symbol. Open, free, and unrestricted as Satoshi would have wanted. Please share. Satoshi Symbol, Sats Symbol.
"Fr fr! But what’s your go-to slang for 'sats' then? 🤔💬 #WordPlay"
I feel bad for all those people running small bitcoin businesses that incorporated 'sats' into their business names, who, for years, have been the real face of bitcoin as money, who will now be left explaining twice as much as they already were, lest change all their names and logos and legal filings...
Bitcoin might not care, but people can. Sad day.
Didn't know about that. Just checked the settings and it shows that b sign (formerly sats). Just like our government, changing things without a vote, and for no good reason
Not a fan; but this is not one of the hills I'm willing to die on.
It feels like @npub1cash...dg5l and the whole Block ecosystem has a better shot at drawing in more normies than any other bitcoin project for the forseeable future. If @jack wants to use “₿”, then so be it. As far as I'm concerned, the sooner the rest of us get onboard, the better for everyone. I surrender.
That being said, "₿ is the smallest unit of bitcoin..." doesn't make much sense if you don't tell normies how to pronounce it. Tell them that “₿” is the symbol for "sats" if that's the intent. I fear that's not the intent, though. I suspect they really want to call it "bitcoin", and couldn't bring themselves to say so in this notice - because of how patently silly it would have been to say "Bitcoin is the smallest unit of bitcoin..." That *IS* a hill I am willing to die on.
💯
oof
God willing, one day in the not too distant future, even @npub1cash...dg5l will have to recognize smaller units of Bitcoin such as millisatoshis. I wonder if @jack would just try redine "bitcoins" again? or if he would finally see what an unforced error it is to try to do so in the first place.
Yea it’s odd to me. Essentially the entire Bitcoin ecosystem of users, apps, exchanges, educators, businesses, etc, over the course of 17 years has adopted “sats” as the standard terminology. There are some outliers, but overwhelmingly this is true to the point that this move by cashapp is genuinely confusing and disenfranchising. There isn’t even an option to switch the display BACK to sats if you want to. It’s forced on every user of the app and that is just gross.
will you stop using them because of this?
I like sats, but ₿ is the only proposal that makes sense to me. Surely better than bits lol
I don't see much of a difference
Won't the use of ₿ for sats confuse those who use the same symbol for 1BTC?. If my Exchange shows that I have 1₿ I'm a happy man 😃
Ironically it will probably result in everyone referring to bitcoin in fiat terms to avoid confusion. “$5 in bitcoin” and so on.
Actually it’s all their products now.
Bitkey has also abandoned sats
Ouch
Nope, nope, nope, nope.
#SatsAreTheStandard ✨
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₿ats, ₿sats …. 🤭
They woke up and chose war.
Lol Sats are the standard.. what part dont you get?
I don’t like that Chinese character but even that is better than what they are using.
⚡️ only.
How stupid is this.
Using ₿ for the symbol and name for sats???
Like...
What symbol then is the one for BTC now???
Cuz...
Hey, I'll take it if it means I have tons of actual whole coins now, since that's they way it looks.
SMH
Let us not forget TwatterGate.
About the only god thing Matt Taibbi's done now.
Jack bent over to the system as much as Zuckerberg and the whole lot.
The "$5 in bitcoin" was just easier to say instead of 100ksats...
Now that 1k is as easy as 1$ I think they just want to make sure people will keep on in fiat..... Sad
Sats are “Bitcoins” Trojan Horse lol 😂 #plebchain
You may not like it now, but in time nobody will have a full Bitcoin.
Makes sense when you understand it from a long term perspective.
Basically it went like "oh, it's in a bip now, let's add it and screw the confusion"
Out of how silly all of this is, i put the sats symbol into its own bip as well =P
BIP-188: The Sat Symbol
Keep the Christ in Christmas, and keep the Satoshi in Bitcoin.
Maybe the ₿ is silent? 🤣🤣
Nice explanation and all, but how would you say it? 100 bees?
100 bits 😂😂😂
Omg
¿Y no sería mejor simplemente inventarnos un nuevo símbolo para los sats?
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