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96 sats \ 3 replies \ @mo 31 Mar \ parent \ on: The Bitcoin Halving bitcoin
for context https://twitter.com/theRealKiyosaki/status/1772115533502259692
This is an equally ignorant quote:
Of the three, silver is the most affordable for the most people.
Bitcoin is about $70,000 a coin. Gold is about $2,500 coin. Silver is about $35.00 a coin.
As if you must buy a whole bitcoin, or one ounce of gold, for that matter.
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IMO the unit bias is one of the reasons why people shitcoin. "Oh look that coin.. it's totally affordable at 0.001 $ a coin unlike bitcoin.. if it ever went to 1 $ I will be rich". Very similar to pink sheet stocks. I mean people realize they are buying crap, but the psychology combined with pump&dump schemes still makes them do it.
Therefore let's standarize the use of sats (or uhm bits).
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Exactly!
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