pull down to refresh

  1. Talk to normies and you'll see unit bias is very real.
  2. ₿ is on the Bitcoin logo, but few use it as a currency symbol. Wallets display 'BTC' instead.
  3. "If Satoshi wanted the currency units named after him, he would simply have done it. I think this behavior seems creepy and is harmful to Bitcoin." — gmax, 2019
0 sats \ 1 reply \ @OgFOMK 8 Feb
If Satoshi didn't care about the truth he would not have chosen his name to be the truth.
The BITCOIN logo is used everywhere and there are 21 million of them as cap. The Genesis Block was chosen as the G is the 7th letter. It's also biblical which Nakamoto means in Japanese, "from the book". 3 is a sacred number as masculine, feminine and child or third eye. 3 * 7 = 21 and 2+1 = 3 it's recursive.
Sats is the basic unit because Sat means truth. This is synchromysticism but also not incorrect.
Satoshi is the Awakened Person. Not an accident in pseudo anonymous choice. The man, woman or group behind the persona is not the persona. Satoshi left after the tools were in place and others carried the torch.
It's regressive to redefine what takes a little research in knowledge. The basic unit has been named and in L2 lightning the basic unit is mSats or 1000 mSats = 1 sat. Or 2.1 quintillion parts to the Bitcoin network.
reply
i thought i was deep into the rabbit hole, but i'm clearly nowhere near the bottom. impressive, congrats!
The basic unit has been named
There's no need to rename sats. We can still call them sats, just like we call it "dollars" and represent it with $. Sats are Bitcoin, so it deserves to be represented by the only currency symbol the world ever needs, designed by Satoshi himself!
reply
0 sats \ 1 reply \ @rblb 8 Feb
  1. We need to educate individuals with unit biases, as this flawed thinking could negatively impact other aspects.
  2. Correct, it's the Bitcoin logo, not the sats logo.
  3. So, I stand corrected. You keep saying the proposal is to use ₿ as the symbol but sats as name. In reality, it's more of a covert redenomination. Also i disagree with gmax.
reply
  1. agree!
  2. sats doesn't need a logo, only a currency symbol. decimals don't need a currency symbol.
  3. i personally don't necessarily agree with gmax, just dropped it here because it seemed relevant in the context. i agree we should honor satoshi's legacy, i just don't think we need another symbol for sats other than ₿ to do so, though
fwiw i agree that scaling and building (which we're doing with Bitkit) on Bitcoin is more important than politics. 🤝
reply