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Payments apps should use bits and sats
bitcoin the unit is useless for wallets, payment apps etc. It is impossible to count with
Let’s use bits and sats as unit of accounts : both are useful
Let’s drop bitcoin the unit, it is useless
Probably it will happen anyway, slowly, nobody will use it, it will be just 1 mio bits
Wrong. It all has to be explained.
"Sats ARE Bitcoin." 3 word explanation.
"Dollars have cents. Bitcoin has sats." That's how my 5 year old explains it to other little kids. They all get it immediately.
Your auntie doesn't get it, and no word switching will save her.
Now try to explain to the av
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“Sats” has to be explained. “Bitcoin” does not. People will need Bitcoin and they’ll see numbers on the screen. That’s it.
If you think sats is the word used long term, you haven’t made that connection yet or you have an anchoring bias.
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