I personally don’t understand the aversion to displaying small numbers. A $10 coffee costs ₿0.00009180.
Just show that.
It says it all.
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You can’t understand .00009
Of course you can
The trick here is not to round the numbers
😆
🤢
So we love prices trending to zero but don’t wanna display them?
I prefer elegancy. If there's away to show something with less characters, it's almost every time the best choice.
Agree, sats solve this!
Also we need to be able to communicate prices verbally the same way they're shown. Imagine you're a cashier and need spell the prices.
Good thread. 🧵
Agree but what square is doing is taking us away from sats as a standardized unit. The way they display prices make Bitcoin purchasing power look like shit.
I think too that their sats symbol looks a bit confusing at first, but it really is an elegant solution!
Also I don't know if the other sats symbols are less confusing 🤔
9180 bitcoins
Using big numbers is a fiat mindset.
we are so early
With Bitcoin at a million dollar you’re still spending 900 bitcoins on coffee.
9180 sats
it's already a thing
The same reason we don't measure everything in nanometers, because units are a tool and we should use the one that makes the most sense at the time. Bits shouldn't replace Sats but it is a unit just as sats are. So when we have a number like you said 9180 sats, we can reduce that to 91.80 bits or you could say 91bits and 80 sats. Which makes it more readable because there is less clutter around it.
Makes perfect sense to me but we don’t seem to agree on said Bitcoin units. This should be standardized once and for all.
I'm pro bits and sats they work absolutely perfectly together. Bits will be the medium unit, sats will be the small unit and BTC will be the big boy unit. Small, medium large. That's my view. I also think that regardless, people should be able to display information at very least to themselves in whatever format or unit they like.
We need to do something as a community because as the price rises, people are less and less interested because “i’Ll nEvEr OwN a FuLl CoIn” - no shit, you won’t. You missed that boat, but you didn’t miss the 60%+ CAGR of Bitcoin if you’d just save in it… every sat counts.
I agree
There’s 5 unnecessary digits in your display that are inefficient and require slightly more time to read correctly. Personally I prefer sats with commas if needed.
They’re not unnecessary nor inefficient. They communicate a price trending to zero. If we wanna be more elegant, then yes sats as a small unit of Bitcoin are great.
Of course 💪😉 nice to meet you 🤝
Because you can't show off anymore with stuff like ₿0.00009180. 😂 80% of Hip Hop gone overnight, unimpressive sugar daddies. Our brains are not ready for the new reality.
"You're a cheap ass mofo!"
"Cheaper and cheaper, baby!"
Or they just send the price to my agent, I am not a number cruncher!
Then my agent let me know what I should buy and how much from where!
And preferably puts the order and just let me know if anything is not going in order which requires my action.
Utopia.
Because there are more numbers to pay attention to. If you get your number of zeros confused you're paying an order of magnitude more or less than intended.
0.00009180 is ⅒ of .000009180
Stay humble stack zeros.
Yes 🤝😉 nice to meet you
9180 sats is cleaner
100%
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Lol you don't want people learning things are getting cheaper over time do you?
Pretty clear way to show prices are trending to zero.
Nine thousand one hundred and eighty bitcoins
I very much prefer to see amounts displayed in sats.
That’s fine too 🤙🏽
Drop the zeroes, it’s cleaner.
As stuff gets cheaper in BTC a time will come when coffee will be 0.5 sats. Maybe we can worry about this non-issue when it gets to 0.00001 sats.
SATS
That makes it easier to accidentally or intentionally defraud people.
Which is easier to distinguish:
0.0009180 vs 0.00009180
or
91,800 vs 9,180?
Of course sats are the best solution to this problem and I'm advocate for using them everywhere. I think we should show ₿9180 sats.
Not everyone thinks like an engineer?