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@ Joe working on B2B
2025-04-25 13:00:44
You're missing the point about Dollars and Cents both being denominations you can price everyday goods in. They are both words with everyday relevance. That is not true of Bitcoin and Sats.
In the case of Bitcoin and Sats, it's only the word Sats that will have everyday relevance. The word Bitcoin won't, because it's an irrelevant denomination to people's lives.
Words just evolve that way. We used to say “pound sterling”. There was a reason. Sterling silver has 93% or more real silver so it weighs a certain amount. (Less pure silver weighs differently.) And pounds had to weigh one troy pound of sterling silver. So not all “pounds” were of the sterling type. But now the word "Sterling" no longer has semantic value in everyday life. So we've dropped it and now just say pounds—it's been relegated to the Financial Times.
That will be the fate of the word Bitcoin because it will go from having some everyday relevance (when it was small enough to) to having none. Sats will suffice for 99% of people.
Basically you're advocating for relegating the word Bitcoin to the Financial Times.