teknologique on Nostr: well the same from going from 1$ = 3829 sat (right now) to 1$ = 100 sats, isn't it ...
well the same from going from 1$ = 3829 sat (right now) to 1$ = 100 sats, isn't it more connected to the time span? a 100sats for 1$ is a 1.000.000 worth bitcoin ... it depends how quick it goes there to call it hyper inflation, but yeah, anyway before reaching 1$ = 1sats there will be a long period where it will be closer to 100 sats 1$.
maybe is because I am Italian, and I was alive when we had liras, which got exchanged with euros on a fix exhange rate o 1928 Liras = 1€. So it's kinda familiar thinking as 4200sats = 1€
it can also make sense thinking about 42bits = 1€, so in fact bits makes sense
I checked here:
https://en.bitcoin.it/wiki/Units and it seems there is no "nickname" for a 0,00001 btc (10bits, 1000sats), so it makes sense to show the values on a bit base ..
Published at
2023-09-12 11:01:23Event JSON
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"content": "well the same from going from 1$ = 3829 sat (right now) to 1$ = 100 sats, isn't it more connected to the time span? a 100sats for 1$ is a 1.000.000 worth bitcoin ... it depends how quick it goes there to call it hyper inflation, but yeah, anyway before reaching 1$ = 1sats there will be a long period where it will be closer to 100 sats 1$.\n\nmaybe is because I am Italian, and I was alive when we had liras, which got exchanged with euros on a fix exhange rate o 1928 Liras = 1€. So it's kinda familiar thinking as 4200sats = 1€\n\nit can also make sense thinking about 42bits = 1€, so in fact bits makes sense\n\nI checked here: https://en.bitcoin.it/wiki/Units and it seems there is no \"nickname\" for a 0,00001 btc (10bits, 1000sats), so it makes sense to show the values on a bit base ..",
"sig": "d6c77c475242227824373cb8686a9acfcd8a1cc75e50f31832707a5c239cb39fc1811037af9161c9540a28fba2e8f4e15d6c244092a5468c43a0b78ec8a9d3fa"
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