Oddbean new post about login | logout Thoughts on using ₿ as a suffix for notation instead of using "sats"? 100₿ = 100 sats nostr:note1l48qyh8d90pxrhrjx07mfcu2xgwjg47deaqarg258rnze5f4u08smgy978
That ship has sailed, sir. Sats, the standard.
I don't think there is a sats symbol that is widely used and certainly not one that you can type here. We would use the ₿ symbol, the unit would still be sats.
Just because there isn't a standard UTF-8 symbol (yet) doesn't mean ₿ is the correct answer either. ₿ is widely known to refer to Bitcoin, not sats. You're, at this point in time, more prone to find someone that knows the symbol depicted below to mean sats, than ₿ - That's the current reality, that's how things evolved, for better or worse. I think it's one of those "pick your battles" situations - Given how entrenched it is at this point, it's worth really asking yourself what has more worth - Fighting against this particular current, or putting energy into things that improve the current UX landscape. Well-known sats symbol, as used in Snort.social: http://blossom.proxymana.net/4c207969da6cc64f27284f4f4bcf26fa9acce050dff922bbc4e8950acf5c73a5.png
Yea good points. From my bubble, my friends / target users have no idea what a sat is, but they all know what bitcoin is, so i'd rather send them the asset then send them a unit name and explain the asset. I still think its very very early when thinking in unit terms and most people just look at the dollar equivalent value of bitcoin they own.
I think there's also a perspective worth evaluating whereby trying to explain unknown stuff, we over-complicate in the process. In that regard, if we want to keep it as simple as possible, the explanation/comparison of Bitcoin to the Dollar and sats to the cents (or whichever fiat currency they are familiar with), is in that context an extremely easy one for a new user to grasp because it conjoins the familiar with the unknown. And maybe, that's all we really need. It just needs to be clear when a user is onboarded (Note, I don't think we need to SHOW the fiat value, just convey the comparison). Also worth noting as Bitcoin's value rises, sats may also be less and less attainable - And I think that's where your thinking comes in of keeping to a singular name which is understandable - Keep it simple, whilst allowing expansion. I think it'll be a wait and see game, because sats really did gain a lot of traction with the introduction of Lightning, and rightly so. And personally I think all this will come very very naturally - Up until relatively recently, the bitcoin unit was very attainable by the average person. In the present, not so much, and yet we're seeing more and more adoption - A string being pulled in seemingly opposite directions. It'll work out in the end.
If you’re dealing with sats, I think it should say sats. If you’re trying to help the noobs out, at least provide the option to change to unit display. My 2 sats. 😎
I am with fiatj on this one, found it confusing when I used broadwalk the first timr I still hear new users saying they can never afford 1 Bitcoin, not knowing it is 100,000,000 sats Not sure what the answer is here, you are free to build broadwalk how ever you like
Thx for the feedback. Yea i hear that too, which is the hurdle i'm trying to overcome with this notation. You can send 100₿ and the user knows its bitcoin and he know he didn't just receive $10m, so he does more research, learns about units and symbols and then buys more.
That'd be very confusing as this is the unit symbol for 1 BTC which is 100 m sats.
Just zapped you 420₿! 😉
That's very generous of you. 😂
What about the three line 'pancake' stack symbol?
https://satsymbol.com/ i like it, but didn't get adopted by any wallets that i know of
I appreciate the reasoning.
