Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Fractional Units
by
bitsmichel
on 23/10/2014, 19:12:33 UTC
I'm just somewhat new to Bitcoins and cryptocurrency and trying to learn everything I can. From that perspective, I'm seeing a lot of websites newer people would look at, like faucets. I think newer people to Bitcoins might dabble in those before they put their foot in and actually buy some. So my thoughts are, Bitcoins for larger amounts, and Satoshis for smaller amounts.

For example: 10,000 Satoshi or 10k Sat.

BTW: Is there a Satoshi sign like there is BTC symbol or ¢ symbol for dollars?


I like this proposition. Satoshi makes sense for small amounts, whereas it does not make sense for very large amounts . Bits is an interesting idea because it makes sense to get 'bits' when you buy bitcoin.