Nope.
I remember when millibits were a thing. That shit used to confuse me.
Sats is easy.
10k sats is about £7.80 atm.
100k sats is £78
1m is approx £780
Easy. Really not complex.
People coming to Bitcoin have got MUCH bigger learning curves to get through.
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.
View quoted note →