bitcoin really is becoming the native currency of the internet. kids born today will no longer interact with fiat currency, they will only use bitcoin for payments, savings and investments. let's go 🚀 image

Replies (58)

So 9,256 Bitcoin only worth $10 again? Oh well, was fun while it lasted.
favour's avatar
favour 7 months ago
Bitcoin 🤧 Monero ⚡
In the face of "it should be sats!, no it should be bits!, bleghh", you can just do shit. And honestly, I don't think it matters. Either you know and you adapt to it, or you don't know but it's all relative so who cares. When merchants start to compare notes and they're using different units, they'll learn. It ain't hard.
Sorry Johnny, this business doesn’t accept Bitcoin so you’ll have to hold onto your allowance and find a business that has a Bitcoin POS terminal!
Fuck Bits We Stack Sats. This rebranding of Satoshis is simply put, wrong and shady. No one asked for it. It's the same as Jack supporting BIP177 and 2.1 quadrillion Bitcoin. All looks like sabotaging bitcoin.
Mike's avatar
Mike 7 months ago
It is sabotage, as it is guaranteed to cause confusion. If it gains traction, there will come a time when no one knows what anyone means by “bitcoin.” It’s a modern Babel.
I know you didn’t come up with that screenshot, but I feel the need to mention that using the Bitcoin symbol for sats is a bad idea. 😅 That’s only going to cause confusion. Aside from that, I agree 😁
They can't fight the network at protocol level so they start with rebranding and destroying the anonymous Satoshi Nakamoto legend that they fear so much. Pretty obvious for anyone who dares to ask questions. Big up Mike.
Let's say the POS system requires a symbol. I dunno if it does, but let's just say it does. There is no agreed-upon symbol for Sats. Any one of the current candidates, take your pick—a LOT of people hate it. So what do you do?
That’s a fair point. I don’t know what the right symbol would be. But I know it’s not the Bitcoin symbol 🤷‍♂️ Maybe just “S”? Sounds like we need some community effort on designing a good Sats symbol!
It's a tricky one. There have been community efforts to design a Sats symbol for 10 years, and we’re no closer today. Sometimes communities just can’t agree. Not only that but even if one option emerged as the clear leader in the next 5 years it might still take another 5 years after that to get it into Unicode. Problem is what happens when the POS systems need a symbol now, can't wait? image
This will not age well🐸
farooq's avatar farooq
bitcoin really is becoming the native currency of the internet. kids born today will no longer interact with fiat currency, they will only use bitcoin for payments, savings and investments. let's go 🚀 image
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You only spoke the truth. Though it’s still confusing for ppl using the btc symbol incorrectly. At this point they should have used the real btc denomination (0,00’009’876). I personally like to see the whole 8 digits
Yeah, I don’t have a good answer aside from the Bitcoin symbol isn’t it. We definitely need something for sats. That, or just use the accurate amount of bitcoin, I guess (0.00009876 or whatever).
If sat is somehow too confusing because people don't understand that currencies have smaller units (what are these "CENTS"; my bank account only has US Dollars!), then perhaps at LEAST using the linguistically accurate "nanobit" (nBTC) is the middle way, as nano- refers to 1/100,000,000 of something. As for the KYC regulations, who I am is "nano" yo business :-). No solid symbol for nanobits yet.
lnbc92913100n1p5r06d6pp5mqfncge4dcl8wgjf557rmj9l3zez6z3hehr4mzyn8s4xhpuwg5wsdqqcqzzsxqyz5vqsp5f7ed9wurl52eg09tgew0ne636dglg0wktgndanxxdc5tyjn8ef4q9qxpqysgq0m22fkry8gmz9959v620pmuc9xct6eynesnmd70lsnaajc97ujgnvlnuguhyrpr2ns6eufup4vpwrst29u2klm3pk56w0tqxlay78cqptlty7f
Niel Liesmons's avatar
Niel Liesmons 7 months ago
Don't expect vibed apps for demos on conferences with mostly older people to bring on the innovative stuff that makes sense. It copies what's already been done: reddit + bitcoin (with the only logo it can find) + nostr login
DSOL's avatar
DSOL 7 months ago
I’m sorry Bitcoin will never be a currency. Lightning has too many limitations and it will never scale for the masses to use it. Kaspa is the only way!
You’re right, I might be too optimistic on the unanimous decision time frame! At this point I’d rather that anybody uses whatever symbol they want and call it whatever they want (sats, burgers, goks, arethas), anything but calling sats bitcoin!!
TioPatinhas's avatar
TioPatinhas 7 months ago
Eu mesmo já repasso pro meu filho tudo que posso e ele já vai usando meu bitcoin junto comigo para poder ter ciencia e poupança, 9 anos
to think that our generation has a chance to right a serious wrong and hand the keys to a better world to those that come after us is a remarkable opportunity in human history. let’s do the damn thing!