Monday, 29 June 2020

Placing more emphasis on Sats

I have seen a post with this same idea on this sub before, but I think we should keep having the conversation. Since there are only 21m Bitcoins in existence, if mainstream adoption takes place 99% of the global population will not be able to hold whole coins. Therefore, it would make more sense to focus commerce from the perspective of say 100,000 satoshi rather than 0.001 Bitcoin.

I have even seen someone propose that we flip the terminology so that 100,000,000 “bitcoins” equal a whole “satoshi”.

Would this kind of approach make the protocol more palatable to a larger audience?

submitted by /u/Pathfinder608
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