Post
Topic
Board Bitcoin Discussion
Re: we need to stop using bitcoin and start using...
by
bohr
on 22/05/2017, 21:49:03 UTC
... satoshi instead (click-bait master)  Cool

today someone came to me saying how he was regretting not listening to me and investing in bitcoin. apparently he checked the price this morning Cheesy
and he continued that now it is too late since he can not buy 1 whole bitcoin.

i had to sit him down and have the "talk" with him about all the 8 more zeros that come after the 1 whole bitcoin and the fact that he can choose (almost) any of them and put a number and buy there.

that is why i think it is time to start using the smaller units for bitcoin more often.

i myself prefer Satoshi over all. but there are a lot of them.

most popular:
mBTC= 0.00100000BTC
uBTC=bits= 0.00000100BTC
satoshi=0.00000001BTC

more here: https://en.bitcoin.it/wiki/Units
It is too soon to think about using satoshis, I think the best option at the moment is to use mBTC since it is the equivalent a t the moment of 2 dollars, that is a unit of measure that is easier to understand for most people in fact I have my wallet set to view my bitcoin in that way so I can calculate easier the amount of fiat I have.