reply on: satsymbol.org | The ₿est symbol for sats. Always has been. \ stacker news ~bitcoin

2094 sats \ 7 replies \ @kr 7 Feb \ on: satsymbol.org | The ₿est symbol for sats. Always has been. bitcoin

i can get behind this symbol, i also think the unit bias of large numbers is really important to making people excited to hold bitcoin.

nobody wants to give up their life savings just to acquire a small fraction of something… but give them hundreds, thousands, or even millions of sats and they’ll feel richer than ever.

487 sats \ 4 replies \ @ek 7 Feb

i also think the unit bias of large numbers is really important to making people excited to hold bitcoin.

But was the source of this problem a currency symbol or what number the BTC price ticker shows? BTC/USD, BTC/EUR etc.

321 sats \ 2 replies \ @kr 7 Feb

you’re right, the source of the problem is what is shown on a price ticker

428 sats \ 1 reply \ @ek 7 Feb

I think more people need to be aware of Moscow Time. Feels better to buy 250k sats for €100 instead 0.0025 of one bitcoin.

923 sats \ 0 replies \ @mattcrv OP 7 Feb

Moscow time is indeed the best solution!

0 sats \ 0 replies \ @mattcrv OP 7 Feb

We don't need to dump from $43,854.85 to $0.0004. we can continue using BTC for price. As long as ₿1 remains under $0.01, it'll be easier to price bitcoin in BTC instead of sats. When ₿1 crosses $0.01, we'll no longer be concerned about pricing bitcoin in fiat.

876 sats \ 0 replies \ @mattcrv OP 7 Feb

exactly! we must get rid of the unit bias as soon as possible! normies shouldn't think they need to buy an ETF to get a fraction of 1 BTC

0 sats \ 0 replies \ @cryptofolyo 7 Feb

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