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@ 1807a49c:0fa245a1
2025-05-19 19:22:35
Changing the Bitcoin denomination to Sats is a terrible idea, IMO, but there's some merit to the benefits of a "stock split" argument.
Why not call 1/100,000 a Bit and then you can have your cake and eat it too. A Bit would be ~$1 and would be a denomination that people could more easily relate to.
BTC is too large and Sats are too small for familiarity / adoption for transactions. It's a bad idea to redefine either Bitcoin or Sats, but creating a new denomination closer to $1 could provide the benefit they're looking for without all of the problems associated with changing long-standing denominations.