So let me get this straight:
  1. 1 satoshi is written as 1 ₿, pronounced as "1 satoshi".
  2. Current 1 BTC would be: 100M ₿, pronounced as "hundred million satoshis".
  3. We don't refer to bitcoins the money as "bitcoins" anymore, only Bitcoin the network. Less confusion long term.
  4. No decimals, no 2 types (btc, sat) of denominations, just ₿, pronounced as "satoshis".
  5. ₿ does look like the "b" from bitcoin, but it's not a problem that it's actually pronounced "satoshi" because $ has nothing to do with the "dollar" either.
I think this is a reasonable idea, but we're so used to SAT and to the kebab to a smaller degree that many us will resist the change. Also, a handful of people will misunderstand this to be "printing" more bitcoin.
If we adopt this, we need a specific date when most sites switches over, ex. Jan 3, 2025.
Temporarily we could do this to be super clear: 1,000 ₿ (SAT). Then after a year drop (SAT).
If we adopt this, we need a specific date when most sites switches over, ex. Jan 3, 2025.
I don't think we need such coordination (though it'd be ideal, sure). People will send ₿10000 from one wallet and receive 10000 sats on another. Doesn't have to be much more complicated than this.
reply