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2025-05-20 08:20:43

Colby on Nostr: I still think bits & sats as a dual denomination is a better idea than this. It ...

I still think bits & sats as a dual denomination is a better idea than this.

It aligns with the modern history of money (over 250 countries use it) and $10.40 just feels like money. The $ symbol is up for debate. I wouldn’t mind if people used the Bitcoin symbol for bits. It wouldn’t take long to catch on if people started saying the B symbol means Bits not Bitcoin. Bitcoin is the orange logo.

₿10.40 looks like money 💸
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.
Author Public Key
npub1t89vhkp66hz54kga4n635jwqdc977uc2crnuyddx7maznwfrpupqwra5h9