I think it's hard to clock what units actually mean and how to handle them. I think it's pretty common to get confused when trying to send funds regardless of your seniority.

Psychologically, 0.1btc and 0.01btc to me feel like they can look like a lot of money too, you don't have to try to get a whole bitcoin to make an investment in it and actually it's probably best you don't invest more than you can afford to lose. It's less risky in a bear market as historically we've typically always set a new ath within 4 years.

Its true though that still a lot of people have a target of owning 1 full Bitcoin, hence the term
which has been used a lot - to be a "whole coiner".

For a lot of people though I'll bet a whole Bitcoin has already gone out of reach.

I would advise people to focus on the denomination of Satoshis, just keep it simple and
more people could relate to this better.

Bitcoin and Satoshi's
Dollars and cents
Euro and cents
Pounds and pennies

Its what people know.

Everyone should invest in Bitcoin according to their capacity and try to hold for profitable investment in it, bitcoin has come down to everyone's ability and affordability to invest and this is why we can see it being a decentralized digital currency whereby everyone interested can on his own choose to invest at any rate, which can still present us with the maximum productivity along with the maturity time it takes to be profitable

We could start saying Satoshi instead of Bitcoin and everyone, even the poorest amongst us would become a Satoshi millionaire overnight. But I think most people would rather say they have x Bitcoin and not they have xxxxxxxxx Satoshi. So really the problem is in the name. When we think of int, we think of a smaller number than if we think of double. From a programmer's perspective, of course. But we both know it means a number. The only difference is the potential scale of that number. Satoshi means tiny amounts of Bitcoin and it sounds more impressive to say Bitcoin instead, even if we have to use decimals.

But how can we keep saying we have x Bitcoin without changing the name, without using decimals and without adding on any other words to make it seem alien or an altcoin?

Using exponentials? I have half a Bitcoin squared squared? That's equally confusing but sounds more impressive than saying I have 0.0625 BTC...


mBTC is indeed a good unit of measure but the "m" added on does make it kind of sound like an altcoin from a psychological perspective, maybe?

The basic unit of Bitcoin has always been Satoshi or the full whole Bitcoin itself, which people use in measuring the amount an individual has in possession. And for the fact that some people uses BTC to anchor their means of measurement, it's still not a bad idea. But just that some people might see it to be more expensive in that manner, and likewise if it's been converted into Sats, (I.e 1 BTC = 1,000,000,000 Sats), thats the same way some other people might also see it to be cheap. So I think the unit of Bitcoin is not an issue here, but rather it is peoples ability to know that whatever unit been employed to it, it still won't change your investment, hence, there is no need to bother about it.

In Bitcoin, I have been familiar with two units so far, one is sats and the other is mBTC. To be honest, I use the mBTC unit the most and I am more familiar with it. Electrum wallet uses mBTC as the unit, I am familiar with this unit. The mBTC unit may also seem convenient from a calculation point of view. If the whole Bitcoin is worth $60k, then 1 mBTC is worth $60, we will be able to find the value of this unit by simply dropping the "k". If expressed in numbers, the value of this unit is obtained by dropping the last three zeros. Calculating the value of sats is still a bit complicated.

I want a smaller unit than mBTC, which can be kBTC, which would be 1 mBTC/100. When the whole Bitcoin is worth $100k, then 1 kBTC will be worth $1. Bitcoin needs a fixed unit, because 1 whole Bitcoin is now outside the purchase price. So a small unit is very important so that we can easily express the fraction of Bitcoins we have.

I believe, btc users just need to educate themselves about this because the reality is it is not that hard to understand the unit of btc - satoshi, mBTC or bits, whatever it is will still need the basic comprehension of what bitcoin is.

The project is decentralized and Bitcoin communities are decentralized too. New Bitcoin units won't affect Bitcoin blockchain so it's not big problem if in the future, Bitcoin communities propose and use new Bitcoin units. There are already many precedents so it's no surprise if new units appear in the future.

Generally I agree with you, as I feel enough with existing Bitcoin units and I would like to use only three units among many existing ones. My favorite units are: bitcoin (BTC), satoshi and milli-bitcoin (mBTC). The other Bitcoin units are not necessary for my practice but there is no reason and no power from me to stop the others using other units.

https://en.bitcoin.it/wiki/Units