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10 sats \ 0 replies \ @Bitman OP 22 Dec 2023 \ parent \ on: Lots of positive initial feedback from nocoiners - but still they've no coins bitcoin
I'm not sure that the concept of the divisibility of Bitcoin is that known just yet.
It'd be interesting to look vox pop video interviews to gauge this.
Sats are sure to become a big part of public discourse.
However, right now, this is barely touched on one of the biggest Bitcoin landing page - it's wikipedia article.
Units and divisibility The unit of account of the bitcoin system is the bitcoin. It is represented with the currency codes BTC[a] and XBT[b] as well as the symbol ₿. No uniform capitalization convention exists; some sources use Bitcoin, capitalized, to refer to the technology and network, and bitcoin, lowercase, for the unit of account. The Oxford English Dictionary advocates the use of lowercase bitcoin in all cases.[55]
One bitcoin is divisible to eight decimal places.[9]: ch. 5  Units for smaller amounts of bitcoin are the millibitcoin (mBTC), equal to 1⁄1000 bitcoin, and the satoshi[c] (sat), representing 1⁄100000000 (one hundred millionth) bitcoin, the smallest amount possible. 100,000 satoshis are one mBTC.
If it were possible for one symbol for the sat to be universally accepted - it would be a good start too.
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