"when people say 10,000 bitcoin they will know what you mean anyways unless you’re saylor." How about when it's 1? "But maybe he should eventually just say 1 trillion bitcoin which properly describes the enormity of it." Try 2.1 quadrillion.
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"when people say 10,000 bitcoin they will know what you mean anyways unless you’re saylor." How about when it's 1? "But maybe he should eventually just say 1 trillion bitcoin which properly describes the enormity of it." Try 2.1 quadrillion.
Why use decimals for msats if you can once again use the ₿ again because "unicode!"? Who cares about orders of magnitude? They obviously don't matter. BTW, I walked 1,000,000,000 m today! Just figure it out from the magnitude. Am I extremely physically fit or 110 years old? Who cares! Users will just have to guess. Hell, why bother with the whole imperial vs. metric debate, just put a number. If units don't matter why should that matter either. Hell, let's just say bitcoin and ripple are the same while we're at it. Now there are googolplex "stuffs" that don't even need names! Nothing like simplicity and clarity to help increase adoption.
Other than overpaying by about ₿ 59,999.9997 sounds great. You must be making a killing in donations.
We can most definitely have impact on someone unilaterally attempting to confuse bitcoin users, by: 1. Sending clear feedback 2. Not using or supporting people/wallets/services who use this invalid, confusing and dangerous terminology 3. Spreading awareness of the problems with the community This is well within the power of even an individual to help remedy. I'll dare to say that packaging this with the otherwise very positive (and overdue) enablement of square's customer base to accept bitcoin, would be seen as an attack by many OG bitcoiners. To me, it's like a form of poison pill.
"Officer, I use nautical miles per hour." 😂 Imagine millions of people scanning invoices to pay for streams for ₿2/minute or second. This is not an improvement nor does it help. In fact it most definitely adds confusion and there is no good reason to use the same exact symbol. Just use a lightning bolt, sats, ₿s or anything other than an existing symbol that represents 100,000,000 as much. Then consider the attack surface created by conditioning normie users to pay whole numbers of bitcoin for things. What could possibly go wrong? Education materials will have to be updated to somehow explain the difference while already tackling a complex subject. "oh yeah, and ₿ can mean $100,000 or 1/10th of a cent." Totally ridiculous.
Is this true? If my math is correct, according to BIP177, "₿" stands at $0.00103106. Please make it make sense. Hey, what's a factor of 100,000,000 anyway? 😂
This move is the most retarded act of anyone "on behalf of" bitcoin. Units matter. Present your best argumenrs.
It's self evidently a horrible idea. Units matter. "bItCoIn iS sCaRcE! tHeRE wIlL oNlY eVeR bE 2.1 qUaDrIlLiOn!" "cEnTs aNd dOlLaRs aRe tHe sAmE!" I became somewhat internet famous for almost exactly this sort of units confusion. See "VerizonMath". https://verizonmath.blogspot.com/2007/08/original-recording-of-verizon-customer.html What could possibly go wrong? Didn't we lose a $300 million Mars orbiter due to units of measure being mismatched? Imagine scanning an article/stream/video paywall invoice for 5 "₿"? Totally insane. Is this guy going for broke in terms of being a bad actor or just high on his own supply?
Created the first Lightning Network static QR code and Lightning Payable Arcade Machine. Creator of the Magical Crypto Friends Arcade Machine