Post
Topic
Board Bitcoin Discussion
Re: Is This A Good Idea? New Bitcoin Pricing Model - Pricing In Sats
by
Dogedegen
on 21/05/2025, 17:06:27 UTC
Probably the rumour may start from this proposal: What do you think about BIP 177

As they want to change the base unit from sat to bitcoin. This proposal will not be acceptable. I prefer BIP 172 which will make sat to be the standard base unit officially.
I don't  think it is necessary to do it, but I see benefits. I mean we could just standardize sats and remove everything in between so that there are only 2 options. BTC and sats.

The idea would have been good but 1 BTC can not be 100,000,000 bitcoin because BTC is the same as bitcoin.
This idea is horrible, and it is likely that the authors are malicious actors that are trying to damage BTC. You can already see the news headlines, how we printed a new Bitcoin by a factor of 100 million. Remember, the truth is not relevant in the current world it is chaos and clickbait confusion that sells.

I kind of like the idea for making it seem affordable for retail to jump in but not sure it's practical.

Do you think pricing by sats is a good idea?
It all depends on perception. 0.01 BTC or 1 000 000 sat. are the same thing. No matter what angle you look at it from, your wallet balance won't change.
These ideas come from memes that have ridiculously high supply. The idea being that having millions of something is better than having 0.01 and that this will attract people. Reality shows that this is incorrect.