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@ sandwich
2025-05-18 20:39:51
🤔 there are some generally good arguments for this, namely the perception of accessibility. I also have experienced the confusion from the uninitiated regarding bitcoin, and the perception that it is "out of reach" or "too late."
A potential unintended consequence of this change however would be a devalued perception of bitcoin.
"Strong" fungible currencies more often than not have subunits. Interestingly, the only fungible monetary instruments without subunits are highly inflated currencies where a singular unit is useless for economic use (VES, ZWL, LBP, TRY, ARS, IRR, SDG, SYP, AOA, ETB, HUF, DONG, etc)
USD United States Dollar dollar cent
EUR Euro euro cent
GBP British Pound Sterling pound penny
JPY Japanese Yen yen sen (obsolete, rarely used)
CNY Chinese Yuan Renminbi yuan jiao/fen
INR Indian Rupee rupee paise
AUD Australian Dollar dollar cent
CAD Canadian Dollar dollar cent
CHF Swiss Franc franc rappen
RUB Russian Ruble ruble kopeck
BRL Brazilian Real real centavo
MXN Mexican Peso peso centavo
ZAR South African Rand rand cent
NZD New Zealand Dollar dollar cent
KRW South Korean Won won jeon (rare)
SEK Swedish Krona krona öre
NOK Norwegian Krone krone øre
DKK Danish Krone krone øre
TRY Turkish Lira lira kuruş
THB Thai Baht baht satang
SAR Saudi Riyal riyal halala
AED UAE Dirham dirham fils
PKR Pakistani Rupee rupee paisa
EGP Egyptian Pound pound piastre
NGN Nigerian Naira naira kobo
The subunits have had no effect on the majority of the population's ability to understand the difference between units and subunits.
Nuclear option probably not necessary.