What it aims to do is not relevant what it would do is. This is a stupid thing and the ONLY reason it is even being discussed is because nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqyehwumn8ghj7mnhvvh8qun...
I don't understand why he thinks he can dictate something like this to everyone else it's kinda hilarious, even if Venmo or whoever he said starts calling sats bitcoins everyone will just continue calling them sats.