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 (8)
Confusion follows a power law, put it in log-log 😉🤝
It’s confusing for existing bitcoiners.. but think how much simpler it will be for the next 7 billion people that come onboard?
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...
We are people arguing about changing Satoshi's pronouns?
Do your sats identify as bitcoins?
Max confusion is the whole point.
ETF sats identify as fiats
Precisely!
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