Jestopher on Nostr: I propose we change the denomination of USD from dollars to cents. I have submitted a ...
I propose we change the denomination of USD from dollars to cents.
I have submitted a formal DIP (dollar improvement proposal) to the Fed.
There are simply too many trailing zeroes behind the BTC price when measured in USD.
Referring to $1 as 1 cent will reduce the shock that people experience when seeing the BTC price.
So, BTC will be worth ¢100,000 instead of $.
Then we can say that 1 BTC = $1,000.
Much easier.
Published at
2024-12-16 06:06:36Event JSON
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"content": "I propose we change the denomination of USD from dollars to cents.\n\nI have submitted a formal DIP (dollar improvement proposal) to the Fed.\n\nThere are simply too many trailing zeroes behind the BTC price when measured in USD. \nReferring to $1 as 1 cent will reduce the shock that people experience when seeing the BTC price.\n\nSo, BTC will be worth ¢100,000 instead of $.\nThen we can say that 1 BTC = $1,000.\nMuch easier.",
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