I heard recently that's there's a proposal to start pricing Bitcoin not in the cost of 1 BTC but in 1 satoshi. The idea being to make it seem much cheaper to stack bitcoin.
If my math is correct, it would cost $0.00106 per satoshi, making feel very easy to think about staking sats. Heck, with $100 you could buy 94,339.62 sats! AMAZING!!!
Or is it? What is an insitution wants to buy $1billion of bitcoin. How many sats is that???
I kind of like the idea for making it seem affordable for retail to jump in but not sure it's practical.
There are people in the community that want to remove the sort of "unit bias" towards Bitcoin? Understandable. They probably want new investors to "feel" that they're getting more value for their money instead of receiving
BTC0.000090 after paying $10.00 for it.
BTC0.000090 does "feel" worthless, no?
Do you think pricing by sats is a good idea?
Personally, I like the way things currently are. But I will follow what gets consensus.