10 sats \ 6 replies \ @mattcrv OP 8 Feb \ parent \ on: satsymbol.org | The ₿est symbol for sats. Always has been. bitcoin
does it feel awkward to say "dollars" while seeing an S crossed with a vertical stroke?
Also, if you're talking about cents.
10 ¢ = $ 0.1
reply
we never need to talk about cents, they're worthless! Bitcoin is deflationary, sats will be worth a lot and we'll never talk in wholecoins, so it deserves to be represented by a well-recognized currency symbol (designed by Satoshi himself!).
reply
$ 10 ≠ $ 0.1
reply
we'll ever need ₿ as a currency symbol if not for sats because Bitcoin is deflationary.
why would you need to display amounts in decimals when you can buy cars for 0.00051392 BTC? sats are all you need! it'll make less and less sense to display fractional amounts as the Bitcoin price increases.
no one uses ¢ today because cents are worthless. no one will need ₿ for decimals because 1 BTC will be worth a lot. poetic!
reply
You make some good points, and I see where you're coming from. However, I have two main concerns:
- It could confuse people.
- More importantly, it's important to maintain the reference to Satoshi.
reply
- I get it, but it's not as confusing as it initially looks. $1 = 100¢, yet 1 BTC = ₿100,000,000. It's literally a million times easier to distinguish BTC from sats(₿)!
- No need to stop calling it "sats" (we call it "dollar" and use $!). Also, Satoshi was the one who designed the ₿ symbol. Nothing honors his legacy more than using the currency symbol he has created!
reply