Oddbean new post about | logout
 That only really happens in a hyperinflationary situation where the USD is rapidly collapsing. By that time people will be valuing fiat in bits and not the other way around. 
 well the same from going from 1$ = 3829 sat (right now) to 1$ = 100 sats, isn't it more connected to the time span? a 100sats for 1$ is a 1.000.000 worth bitcoin ... it depends how quick it goes there to call it hyper inflation, but yeah, anyway before reaching 1$ = 1sats there will be a long period where it will be closer to 100 sats 1$.

maybe is because I am Italian, and I was alive when we had liras, which got exchanged with euros on a fix exhange rate o 1928 Liras = 1€. So it's kinda familiar thinking as 4200sats = 1€

it can also make sense thinking about 42bits = 1€, so in fact bits makes sense

I checked here: https://en.bitcoin.it/wiki/Units and it seems there is no "nickname" for a 0,00001 btc (10bits, 1000sats), so it makes sense to show the values on a bit base ..