MultiversX Tracker is Live!

For retail to understand bitcoin, exchanges and wallets need to switch to millibit by default

Bitcoin Reddit

More / Bitcoin Reddit 11 Views

The market cap of bitcoin is 1/10th of gold and yet the average person believes bitcoin is out of their reach and they cannot afford it

Most people here probably don't realise how almost every normie looks at the price and goes "I can't afford this"

Telling people they can buy a fraction of a bitcoin is dumb. We don't tell people they can buy a fraction of gold. We use multiple units of measurement for everything else

We don't say 0.005 gram. We say 5 milligram

We need to normalize multiple units for bitcoin and the default unit should be millibit (0.001)

1 millibit is $84 USD at current price. It's a more manageable unit for the average person

What's the current price of iPhone 16e? 0.007 bi... No, it costs 7 millibit!

0.01 - bitcent

0.001 - millibit (mBTC)

0.000001 - microbit (ΞΌBTC)

0.00000001 - satoshi

submitted by /u/HealthyMolasses8199
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments