What do you call 1/100th of a sat? Have a feeling we might need it soon
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Replies (30)
Csat?
Not a valid unit of bitcoin? There’s a reason it only goes to 8 decimal places. 21M only remember?
A Saylor
milli sat 🤷🏾♂️
Lightning network has msats, ya it's a thing.. 1/1000th of a sat
How does divisibility affect the supply cap? I get that the network currently only takes 1 sat as the lowest unit but perhaps that can be changed or even if it doesn’t the lightning network or some other layer 2 can easily divide further
Too technical we need to be more creative 😂
We can do better 😂
How about a Nakamoto? 😛
Ok, what's 1/100 of a zap.. a tingling feeling 😂
Or.. a buzz
😂😂
Or.. a finney?
Enough for a cup of coffee. Some day.
Facts
A dollar
Facts
Think about it, every decimal you allow further to settle, there are 10X more Bitcoin available. No difference from money printing other than it’s more efficient for the existing holders. Still would dilute the value. Make whatever L2s, L3s, etc you want to try and keep track of the fractions, the base layer should never do that. Satoshi knew this which is why he said the placement of the decimal point was academic.
If I am please help me understand why. Kind of important to be clear on this mechanism I believe. 
I’m not sure how it dilutes the supply suppose you have 500 sats, you would still have 500 sats no matter how many units someone else divides their sat into, as long as nobody can create a new sat it wouldn’t be increasing the supply, there’d still be 21M bitcoin.
I respectfully think that you’re confusing between two different concepts but if I’m wrong I’d love to know how as well.
Do you understand number set theory or concepts such as Planck length?
It’s almost like clipping coins…
Also in this set (Bitcoin) there are limited valid numbers e.g. you can’t settle 1.5 sats on chain, you have to decide if it’s 1 or 2.
I think this is the slam dunk comment right here hoping it clicks for you!
Name it whatever you want the chain does not care 😆 A wise man once told me: “Biologists are funny eh? They give something a name and they think they know everything about it.”
Came to mind just now. I miss that man haven’t seen him since college #oldmanriverhere
I’m not sure, the 21 quadrillion set is the set of sats yes, and a 21 quadrillion * 10^3 set is a set of millisats? Why does it make it any special? The 21 million bitcoin set is what we should care about. I understand coin changing approximations bitcoin does, but why is that a limitation? It just looks like an approximation
Wrong.
Why?
🎙️ 
Because you sir, are not good at math. I try to teach, you not learn 🤷🏼 maybe I am not good teacher whatever the case I’m probably not going to reply anymore just repeating myself.
Okay