Sunday, 10 January 2021

With the rise in price and owning one whole coin now being out of reach for most people, at the surface level, buying Bitcoin might feel intimidating. At what point will the terminology shift from 'bought 0.001 Bitcoin' to 'bought 100,000 Satoshis'?

The nomenclature must shift at some point. It will become awkward to say you have a certain decimal point of a whole coin, regardless of how valuable that is in fiat. Psychologically it just feels weird to me that people will reach a point where they'll invest $1000 USD, a lot of money, for 0.01 BTC.

When will this shift happen? At $100k? Should it happen?

submitted by /u/Demos_theness
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