🇧🇬 Bulgarian coder working with PHP and JS, a Bitcoin maxi driven by financial freedom. Huge Nostr fan and all about that decentralized life! #bitcoin #nostr
Up to $150K for Bitcoin would be a bore. Once it reaches 150K there will be euphoria. Then it will drop to 130K and everyone will complain. Then it will reach 200K and so on.
Think about what would happen if the word Satoshi was really replaced with Bitcoin. The media is anti-Bitcoin anyway and will use this to convince people that Bitcoins have collapsed to 0. They would even show graphs of how $100K is now worth less than 1 cent. Most people believe the media.
New users often struggle with Bitcoin’s terminology, and I think redefining Bitcoin to represent its tiniest fraction would confuse them even more with enormous numbers for everyday transactions. To “simplify” things, here’s my brilliant proposal for a new Bitcoin-only denomination system, starting from the smallest unit:
1 Bitcoin = 0.00000001 BTC = Bitcoin (BTC)
10 Bitcoins = 0.0000001 BTC = DecaBitcoin (daBTC)
1,000 Bitcoins = 0.00001 BTC = KiloBitcoin (kBTC)
10,000 Bitcoins = 0.0001 BTC = MyriaBitcoin (myBTC)
1,000,000 Bitcoins = 0.01 BTC = MegaBitcoin (MBTC)
10,000,000 Bitcoins = 0.1 BTC = DekaMegaBitcoin (DMBTC)
100,000,000 Bitcoins = 1 BTC = HectoMegaBitcoin (HMBTC)
Of course, this is pure irony. In my opinion, the current system is perfectly fine and should stay as it is.