Which sats symbol? \ stacker news ~bitcoin

B Doesn't work, that's the symbol for Lightning, the SATs exist without lightning

1 sat \ 2 replies \ @ek 5 Nov 2022

B Doesn't work, that's the symbol for Lightning, the SATs exist without lightning

Weird argument. You can use the same symbol in different contexts and people will understand. For example, the dollar sign is also used by multiple countries and everyone understands that when you are in Australia, $ does not mean USD but AUD.

And one could also reason that without Lightning, micropayments (1 sat) wouldn't be possible. So in that sense, Lightning and satoshis are related.

Also, I read a article where it was mentioned that C looks like a kebab skewer. Can't unsee now, lol

So I am for B.

Also @bitcoininterest: Next time do a poll, lol

1 sat \ 1 reply \ @Hermit 5 Nov 2022

Exactly, the dollar symbol being used for different currencies is freaking confusing. We are on the internet in cyberspace, I usually use a VPN with location in Canada and don't even remember. Then I see prices in Canadian dollars thinking they are US dollar and the same with the Mexican Peso.

Do you think Lightning will be here in 100 years or new protocols and technologies will arise? You can also send SATs through Liquid without Lightning.

The SATs will be along humanity for the rest of its existance and I think they deserve its own symbol.

As Elisabeth Stark says: The Sat is the Native token of Bitcoin.

Now I can't unsee the kebab skewer. What you did🤦

1 sat \ 0 replies \ @ek 5 Nov 2022

Exactly, the dollar symbol being used for different currencies is freaking confusing. We are on the internet in cyberspace, I usually use a VPN with location in Canada and don't even remember. Then I see prices in Canadian dollars thinking they are US dollar and the same with the Mexican Peso.

Valid argument why it's bad to use $ for same currencies. But that's just because the context is not clear in the cases you mentioned.

Do you think Lightning will be here in 100 years or new protocols and technologies will arise? You can also send SATs through Liquid without Lightning.

Yes I think so. But the difference is that in both these contexts, '⚡100' will be clear: To send sats. The number is sufficient, no? And a number will always be part of paying for something since you need to know how much you need to pay.

0 sats \ 0 replies \ @nullcount 6 Nov 2022

I've also seen ⚡ used for energy or power. As saylor said, BTC is digital energy.

11 sats \ 0 replies \ @User21000000 5 Nov 2022

1 sat \ 0 replies \ @zanon 5 Nov 2022

due to the scarcity of BTC and the need to "fraction" it in SATs in order to trade, save, spend, etc. widely I'm guessing that we will reach a point when a "reform" will be needed and the SATs will become a unit of BTC - just a change of names.