Why Nostr? What is Njump?
2025-05-19 15:07:31

James Lewis on Nostr: "Reduce confusion"?!? 😂 If we were to do that, it should have been when 100M base ...

"Reduce confusion"?!? 😂

If we were to do that, it should have been when 100M base units was not valued at $100k, but at $1k. A smaller user base would be more accepting and easier to inform, especially because they were not normies.

I agree, however, that the high value of the base unit makes it a challenge for the uninitiated, not knowing that you can trade in tiny bits, not only in whole coins. Generally speaking, coins are not meant to be broken up, so there's a verbal connotation to the whole unit being indivisible.

Sats are easy enough, though, I think. We can also use mili- and micro- to denote other denominations as we need.
Author Public Key
npub1etrvvjyl6tllrhxakezj3rkxftkh3yv8m998fvlqpt87dtdngkzqhl3zeq