One bitcoin equaling 100,000,000 “satoshis” is horrible OG marketing.
What is better? One bitcoin equaling 0.00000001.
Before long, the average American’s entire net worth will be around 25,000 bitcoin, or 0.00025000. Even if they 1000x their net worth, they’ll still be 75,000,000 short of what OGs call a “bitcoin.” That feeling of missing out on a full coin is proving too hard of a mental hurdle for most to overcome.
This is a big reason why I respect Cash App, Square, and @jack. They were just like “GM. It’s bitcoin only from now on. Sats no longer exist.” 🫡
What is better? One bitcoin equaling 0.00000001.
Before long, the average American’s entire net worth will be around 25,000 bitcoin, or 0.00025000. Even if they 1000x their net worth, they’ll still be 75,000,000 short of what OGs call a “bitcoin.” That feeling of missing out on a full coin is proving too hard of a mental hurdle for most to overcome.
This is a big reason why I respect Cash App, Square, and @jack. They were just like “GM. It’s bitcoin only from now on. Sats no longer exist.” 🫡
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