1. Renaming 'sats' to 'bitcoins'
What do you think about this idea?
What would be the benefits/downsides?
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NO
Terrible idea
I like sats
Nope. Sats is fine.
Otherwise people / noobs would start arguing there are more than 21.000.000 bitcoins.
Itβs already confusing enough for people who are just starting to learn.
Sats are fractions of a Bitcoin. How hard is it to explain that?
Exactly and BTW what a disgrace to stop honoring Satoshi for his huge gift to humanity?
If it's based off the bitcoin block no keep it called sats you can just put in the website bitcoin based blockchain. A name change at this point would only look bad I think.
do it
It's sats, the community has decided. You could go with "bitcoinSATS" for the incoming n00bs. Depends why and where you want to change it though.
Sats are standard, don't touch it.
pack that shit in.
Why?
What would you call a bitcoin if sats are renamed bitcoins
Stupid. No need to explain.
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Bits. And use the kebab π
Bad idea. It is a homage to the creator and sending .00000001 bitcoin to someone is stupid
No no no
Bad idea...
ATROCIOUS.
Singular "bitcoin" for the whole unit. "bitcoins" is Boomer shit no matter which level of denomination we're talking about.
Plural "sats" for the fractional unit. It just sounds cool.
bitcoins is fine, donβt be a zoomer.
"It's raining, there's waters on my window."
"Ah, I love hiking, breathe in those fresh airs!"
"Ug, the beach, I have sands in my shoes."
that must have broken you, to write those three sentences
Peak development ideas in custodial lightning wallet land.
Top fucking minds.
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if this post by WoS doesnt end up trending on primal for good trolling then it will be clear that primal trends are as liberated as those on X
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No Sir.
1BTC = 1BTC
1BTC > 1sat
π
If this is 1...
What is 2??! π€π€£
Sats are actually bitcoins
But those with Adjustment Disorders like most older people with conservative values, and even younger ones with AS, HFA, or ASD have full-on adjustment disorders too and will react violently when faced with sudden, unwanted change so it's something to deal with, because only calmer minds make better decisions
But bitcoins are literally, COINS
The full amount should have been SATOSHI or to make it ungeneric-sounding, call it satomoto, satoshimo, whichever sounds nice
they're already having it with dollars => sats
Nice troll guys
π
highly regarded
Is this a joke?
In case not, no!! definitely not... way too confusing!
imo Good idea in long term. there is no such thing as a whole bitcoin
but I like sats more, it sounds cool and very cypherpunk
No benefits. Only downsides. Why even have this idea?
I think people will look at Bitcoiners with confusion when they say "1 whole bitcoin = 100 million bitcoins"
The term bitcoin would ideally be applied to a unit with a sane value. As it stands a lot of people think of bitcoin as expensive when that is a completely arbitrary valuation. Right now 1 sat is too small to be the standard unit, and 1 bitcoin is too big.
I think Adam Back has the right idea and in the near future we'll be pricing bitcoin by the bit (0.00000100 btc) and this will eventually become the unit that laypeople mean when they say bitcoin. Sometime around the point that 1 sat == $0.01.
It's a logical transition for people to think of sats as cents and bits as dollars.
Hell no! is what I think.
We don't need MORE confusion.
We have enough with the "bitcoin the asset" and "Bitcoin the network" nonsense.
sats are sats - bitcoins are bitcoins so big hell no from urantia
No!
That ship has sailed IMHO. Sats it is.
Nostr and Lightning is the reason I dig Sats as a unit.
sats is better. in sankrit , sat mean truth, unchangeable..
The downside is no one can tell how much Bitcoin you are talking about. "Would you be interested in selling your car for two bitcoins?" The scammers will have so much fun with your idea.
I dig it. one tenth of any amount of gold is still gold. why would the same standard not apply to bitcoin?