Long term I think the bit is a clear winner in terms of usability. Simple, easy to understand, and divisible to 100 sats, just as all present-day currencies are divisible to 100 cents.
1 bit = 100 satoshi
(:
Ahh, thanks! This is exactly why I find the middle denominations confusing. I personally prefer either Bitcoins or Satoshis.
It all started with Bits. I remember getting bits from coinbase whenever someone registers from my referral link last 2015 I get some few bits.
Apparently I messed up both Microbitcoin and Bits, both should have one less 0 (100k and 100 respectively). Exactly why I prefer not to deal with micro/nano decimals.
If we need intermediate denominations, I prefer ksats (1,000 satoshis) and msats (1 million satoshis). Easier mental math IMO.
1,000,000,000 = giga
1,000,000 = mega
1,000 = kilo
1
0.001 = milli
0.000 001 = micro
0.000 000 0001 = nano
Lol, this is still wrong. It's millibitcoin (100k sats) and microbitcoin/bits (100 sats). Thanks @lugaxker.
