Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
LoyceV
on 17/11/2021, 19:34:16 UTC
I don't like for instance 0.00003 BTC, and I don't like 300000 sat for the simple reason it's annoying to count the zeros. With mBTC, anything from a coffee (0.05mBTC) to a jacket (2mBTC) has a convenient small number.
I think your example would be 3000 sat
I used different amounts on purpose, and I was wondering if anyone would even notice Wink

I concur. I also like mBTC over all other units, including sats. I pushed my agenda here, looking for a marketing-friendly name
~
I was hoping a nice name* could help retail step in.
A new name would suggest there's something wrong with "milli Bitcoin". We'll end up with Imperial units if everything needs a new name Tongue
It may grow eventually, just like quarters and dimes, but Bitcoin is too young for it yet. Even with euros we don't really have names for different coins or banknotes yet. Come to think of it: Bitcoin is already way ahead of the euro when it comes to "naturally created" names. That's not bad, considering it's much newer.