10 sats \ 1 reply \ @mattcrv OP 8 Feb \ parent \ on: satsymbol.org | The ₿est symbol for sats. Always has been. bitcoin
Today, 1 satoshi buys 0,22 CRC, 0,36 ARS, and 0,39 NGN. Costa Rica, Argentina, and Nigeria also happen to be countries with growing Bitcoin adoption. A $10000 price tag could mean sats, CRC, ARS, or NGN. In countries like Colombia, where 1 sat parity has been reached (1 sat = 1,68 COP), it's even harder. As we approach hyperbitcoinization, the $ will grow more ambiguous, not less
I think in Bitcoin. I don't need a special symbol for sats. It took me about two weeks to mathematically map it out but I did. People always want to dumb shit down for other people but the fact is that the people who use money will always understand price discovery. It's natural to the human mind. Even people who are innumerate and illiterate have a basic understanding of price discovery.
The sinister part is the front running by fractional reserve banking and money printing via fiat currency.
Using the Bitcoin logo for sats is dumb.
It's like those who want the United States to use metric for building materials. Carpenters understand imperial system because it's useful. Metric is just digital. Engineers use digital feet. But imperial measurement goes back to the pyramids! It's a reflection of astrological observation. The word carpenter means chariot builder. They used the wheel, compass, square, plumb bob and Miles ( 1000 double paces) to build. Carpenters were also masons. The wheel was the super tool!
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