Thread - Nostr Hypermedia

The Daniel 🖖 daniel@nodestrich.com 7 months ago

It will do nothing to reduce confusion. In fact, it will exponentially increase it.

farooq

BIP177 proposes redefining Bitcoin's base unit by making 1 satoshi = 1 bitcoin. Currently, 1 bitcoin = 100,000,000 satoshis. This change aims to simplify transactions and reduce confusion.

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Replies (9)

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paulo paulo@primal.net 7 months ago

Confusion follows a power law, put it in log-log 😉🤝

The Tim _@timosolo.me 7 months ago

It’s confusing for existing bitcoiners.. but think how much simpler it will be for the next 7 billion people that come onboard?

1 replies ↓

BITwise 🐳 >>= RIGHTish gug@nostrplebs.com 7 months ago

Right, tell that next 7 billion to learn bitcoin. How? Look at the last 16 years of educational literature that references sats and 21million bitcoin. Now explain how all of that has changed. Super simple...

Marc marc@primal.net 7 months ago

We are people arguing about changing Satoshi's pronouns?

1 replies ↓

The Daniel 🖖 daniel@nodestrich.com 7 months ago

Do your sats identify as bitcoins?

1 replies ↓

Vector5 Vector5@primal.net 7 months ago

Max confusion is the whole point.

BITwise 🐳 >>= RIGHTish gug@nostrplebs.com 7 months ago

ETF sats identify as fiats

1 replies ↓

ButtercupRoberts buttercuproberts@nostrplebs.com 7 months ago

Precisely! note1p6sqllsqw2nry787lyu3aq0fxdspem3q9dhuyj86s2jyqj9rlz8qzrhtnu