0 sats \ 4 replies \ @mattcrv OP 31 Jan \ parent \ on: satsymbol.org | It’s time for a better symbol for sats. bitcoin
Why associate sats with a symbol that today represents fiat? We're trying to build a new monetary system, not a new version of what already exists! Wouldn't it be more symbolic to let $ become a relic from the past? Something that our grandgrandkids learn about on museums?
Sometimes you need to step back and look at the surrounded things from a broader perspective...
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😂
We're building on Bitcoin to get rid of the dirty, oil-soaked, blood-dripping fiat money.
We have the opportunity to create a new sats symbol that carries none of this negative connotation.
Let's get rid of $ just like we're getting rid of fiat!
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Bitcoin is currency. $ is the symbol for currency.
It was actually first used for Spanish Pesos silver coins. It does not mean fiat nor dollars.
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the origin of $ is disputed/unknown, yes
but still, the meaning it carries today is not only that of its origin but of what it became
and today, $ doesn't mean good things 🤷♂️
besides, sats and other currencies that use $ in their symbols will coexist for a long time (possibly for long after we're dead). the moment when it's time to migrate from "sats" to $ won't be well-defined. $ will remain ambiguous for many people around the world. the turkish lira, argentine peso, and nigerian naira are still being used today despite, in practice, being dead!
is $1000 = 1000 sats? 1000 NZD? 1000 MXN? As we approach sat:usd parity, this will get more blurry!
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