pull down to refresh
33 sats \ 5 replies \ @k00b 31 May 2022 \ on: Stackers who are still tipping only 1 sat at a time, why? bitcoin
My guess is that unit bias is strong. Earning small amounts feels significant. Spending small amounts also feels significant.
Exactly!
When making this case for 10 sats, why not make it 20, 50, or even 100 sats instead? (100 sats is still only 0.0315900000)
reply
Also early Bitcoiners are savers by nature.
reply
I guess it depends what you mean by early, most of the people on bitcointalk in 2011-2013 were either druggies, reckless gamblers, con artists, or just mentally deranged :)
There's a reason why so few of them ended up being mega rich :)
(well apart from the con artists, most of them did really well!)
reply
Not that early. I guess I meant us, which might be better called contemporary or current bitcoiners.
reply
Is it sacrilege to say that the number of sats I see hasn't quite sunk in as an amount of money, thus making spending on tips easy?
reply