The base bitcoin unit is the satoshi thus it seems the best candidate to eventually gain consensus as the default denomination. Too much friction for it to change multiple times as bitcoin exchange rate increases, IMO.

The base bitcoin unit is the satoshi thus it seems the best candidate to eventually gain consensus as the default denomination. Too much friction for it to change multiple times as bitcoin exchange rate increases, IMO. https://t.co/3RNxIH18Y6

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@AdamLocklin @brucefenton While it’s not my domain of expertise, I have a sneaking suspicion that there’s no small amount of friction to switching which exchange one’s company is listed upon.

@AdamLocklin @brucefenton While it’s not my domain of expertise, I have a sneaking suspicion that there’s no small amount of friction to switching which exchange one’s company is listed upon.

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Bitcoin (BTC) $ 26,573.12 0.22%
Ethereum (ETH) $ 1,592.09 0.26%
Litecoin (LTC) $ 64.83 0.30%
Bitcoin Cash (BCH) $ 209.07 0.48%