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@ Bit 🐳 Ish
2025-05-18 17:54:18
What's the difference seeing 1234 sats vs 1234 bitcoin on a screen?
At the surface nothing. Like you say, they'll transact with whatever is on screen. So why are we changing that?
One requires explaining "oh a sat is like cents. Bitcoin is like dollars. 100 cents = 1 dollar. 100m sats = 1 bitcoin". The only person I've ever met who couldn't comprehend this simple 10 second explanation in a decade of orange pilling was a drunk dude at a bar who couldn't stay seated in his chair without falling over.
The other requires explaining "1234 bitcoin as of today equals 0.00001234 bitcoin from yesterday."
"Wait my bitcoin is worth less now?"
"Oh no you dont suddenly have less money, we just changed all the terminology."
"Ok but everything i read says theres only 21m bitcoin"
"Yeah that book says there's only 21 million bitcoin. But thats cause it was written last year. Now there's 21 quadrillion bitcoin."
"I thought bitcoin was hard cap 21m"
"Oh no there aren't more bitcoin."
"But you just said 21m vs 21q."
"Yeah there's more but there isn't more cause now a bitcoin is worth much less."
"Wait my bitcoin is worth less now?"
Heres another scenario:
Send me 1 bitcoin.
OK so is that 1 bitcoin or 100,000,000 bitcoin?
Yeah send me 100,000,000 bitcoin cause that's equal to 1 bitcoin.
I want the big bitcoin.
Wait so you want 1 or 100m? Fuck if I know...
*sends 1 old bitcoin*
Fuck i meant to send 1 new bitcoin.