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1622 sats \ 2 replies \ @btcpt123 13 Dec \ on: John Carvalho proposes BIP renaming sats as bitcoin bitcoin
This will create way more confusion that it will solve.
I can see the headline now: "Bitcoin now worth less than a penny!"
The popular understanding of Bitcoin is that 1 btc is worth a lot. @BitcoinErrorLog's proposal throws that away and has to fight the mental image pretty much everyone who's ever heard of bitcoin has. Seems like it would just lead to confusion, like a bad rebrand.
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I mean can you imagine.
All the folks on r/buttcoin and elsewhere...
'Bitcoin worthless!!! Worth less than a penny, it crashed!!!'
I mean oh my
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