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@ edouard
2025-05-18 21:47:16
I think it’s true, we can’t rename bitcoin the unit
We should drop bitcoin the unit for all payments apps, etc
Use bits and sats.
Bits are useful as they are better unit of account than bitcoin (terrible, you can’t count for everyday things with it) and sats (not great as people don’t like too small units, too big numbers for everyday things)
Bits are better now and will still be if bitcoin x100
Sats are useful as they grew organically, are the smaller units and will be like the cents are to the dollar to the bits
We don’t need bitcoin the unit, it will be just 1mio bits
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