Damus
farooq profile picture
farooq
@farooq
BIP177 proposes redefining Bitcoin's base unit by making 1 satoshi = 1 bitcoin.

Currently, 1 bitcoin = 100,000,000 satoshis.

This change aims to simplify transactions and reduce confusion.
17610❤️22🤙2🤡2🤦‍♂️2🧡2⬇️1
Jack Spirko · 71w
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:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqyehwumn8ghj7mnhvvh8qunfd4skctnwv46z7ctewe4xcetfd3khsvrpdsmk5vnsw96rydr3v4jrz73hvyu8xqpqsg6plzptd64u62a878hep2kev88swjh3tw0...
Shift Happens Auto Sales 🇨🇦⚡️ · 71w
https://blossom.primal.net/47b0f8b466dd25ab89ce76db7709b791119c5415cc998db36b93e090c44d4fb2.jpg Ok... This 2018 Sierra is only 24,000,000 BTC then 😅
Jo ₿ · 71w
1 satoshi = 1 bitcoin
Monty Morelia · 71w
This doesn’t simplify anything, but just adds confusion where there was none.
Kayne · 70w
Sounds like the idea is to increase confusion.
namosca · 69w
British where redefining feet and inches to match the new kings limbs, they also created miles, foot, yard, etc, because they had to invent new names for different lengths. Much more useful was international systems of units which stoped renaming units and just added prefix like gram, kilogram, mil...
namosca · 69w
N O P E
namosca · 69w
According to your bip177 theory that's 30 cents. Which by the way is 0.3 cents, as 1 cent= 1 USD #bip177