1/ One (of several) challenges to wider #BTC adoption is the false belief that, because there will only ever be at most 21M BTC in circulation, there are not enough to "go around."

2/ The underlying problem is that most people don't realize the degree of divisibility of BTC, meaning they believe that you must buy whole BTC, which many find cost prohibitive, not knowing each BTC is divisible into 100M Satoshis ("Sats").

3/ As price continues escalating, this belief will create even stronger barriers to entry for much of the retail crowd, so I've been arguing for a while we need to start more frequently using Sats instead of BTC when we talk units.

4/ The problem with only those two divisions, however, is that it is hard to conceptualize the value of 100M of anything. As such, I think we as a community need to create a taxonomy for describing smaller units of BTC that can be more easily understood.

5/ Such a taxonomy may already exist. If so, I would appreciate it if someone would direct me to it. In the meantime, attached to the next tweet is a quick attempt at creating a taxonomy for further discussion (and hopefully someday, adoption).

6/ Following the international system of units ( https://physics.nist.gov/cuu/Units/prefixes.html), what if we thought in something like these terms?

7/ I think most people know and understand prefixes down to milli- (as in millimeter), and below that, I think most people can comprehend on a scale of 10,000 (as in 10,000 Sats) as opposed to 100M. Following the chart then, e.g., 1 milli-Bitcoin = 100,000 Sats.

8/ In we can further denominate BTC along something like these lines, it will not only reduce the false belief that you must buy whole BTC, but it will also make it easier to use BTC as a unit of account and a medium of exchange later in its adoption cycle.

9/ The sooner we get to this stage, the better, IMO.

Thoughts?