Ok i read it.
So, the idea is basically to rename what is informally called sats to bitcoin (or BTC).
I can see that a lot of current material would become obsolete.
At the same time very few people will ever deal with bitcoin units as originally intended plural. Probably 99 plus percent of the planet will only have sats. Everyday conversation will be in sats. Or with a very dumb decimal representation.
No one outside a very close circle of bitcoin geeks knows whats a sat is.
It's probably for the best. And when the late majority will come to buy bitcoins they'll buy a few thousands which is more attractive than a small fraction.
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For 16yrs bitcoiners have INSISTED that there will never be more than 21 million bitcoins. There's a lot of people who are anti-bitcoin and will have a field day when suddenly it is announced that there are now 2.1 quadrillion bitcoins instead.
Also if bitcoiners say people should keep their bitcoins in hardware wallets and genereate keys and become their own bank why is understanding the concept of "sats" so difficult for them? Satoshi's into bitcoins is no more difficult than pennies into dollars. The whole thing is absurd.
First, let me state I absolutely feel the pain this would cause. And I'm not "aggressively" supporting anything.
My point is that using bitcoin with decimals has been very bad for years now.
Then, Sats is still a word for hardcore bitcoiners. None of my many friends who have bitcoin in cold storage since over five years knows what a sat is. Or maybe one does, at best.
Analogy: still today a dollar is something meaningful both for everyday usage as well for a nation state GDP.
Due to very high inflation this is to true for some other nations state currencies. When you have to buy bread with a Billion coins, it becomes nonsense.
In Bitcoin the same is true, obviously for the opposite underlying reason: nowadays virtually no new individual will ever own a whole bitcoin. And nothing out there can be priced in a bitcoin, but in a fraction of it.
What's being suggested is the exact same operation done with stock values when they are worth too much per stock in USD. Is convenient for everyday usage which is what we want bitcoin to be used for. Pricing things, paying for purchases many times a day for billions of people.
All that said, I will he perfectly content to switch to a "sats" standard. Anything that removes the fractions and let people buy thousands of unit with a few dollars.
But we're not there yet. All exchanges sells bitcoins, not sats. And honestly as we're just approaching the early majority now, renaming now, it does not seem too late.