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0 sats \ 4 replies \ @SwapMarket 30 Sep \ parent \ on: What about Bitcoin are you too embarrassed to admit you still don't understand? bitcoin
Because floating point operations create rounding problems in computers. You must set certain precision (8 decimals) and then work with integer units of that precision (people decided to call them sats).
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0 sats \ 3 replies \ @justin_shocknet 30 Sep
Yea the question isn't why its not floating point, but why the macro unit differs from the base unit.
Psyops the only explanation: #1243715
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0 sats \ 2 replies \ @SwapMarket 2 Oct
In what currency macro unit is the same as micro?
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0 sats \ 1 reply \ @justin_shocknet 2 Oct
The Yen, notable given the Japanese nym
The Won...
Probably Ding.. probably countless others throughout history
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0 sats \ 0 replies \ @SwapMarket 2 Oct
Yen has no micro unit. A single won is divided into 100 jeon, the monetary subunit.
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