Maybe US is a place where people have not heard about SI prefixes for fractions. However where I come from the 'm' is in very common usage among ordinary people for small length measurements as in millimetres and small weight measurements as milligrams for example when buying medicine. I happen to look at a package of 600mg ibuprofen pills on my table.
This issue is not about SI or not SI. It's about using fractions or multiples.
People just don't want to own small fractions of something, they subconsciously hate it.
It's very frustrating to deal with "one millionth of something", it's much more comforting to use "thousands of something". Therefore "ksat" is much better than "µBTC".
The most unfortunate thing for 'µ' is that it cannot be easily be written with an ordinary keyboard and 'µ' is one that is not that well known.
That's another reason to prefer "ksat" over "µBTC".
So the underlying question is "what unit should we switch to now", correct?
I'm a Bit hater for a few reasons...
[...]
If we drop "Coin" for less syllables, "centibit" or "millibit" are much better candidates.
"I just bought 100 millibits for 40 bucks!" ... "I just bought 100,000 bits for 40 bucks!" is a little excessive.
"
hundred milli bits"
Five syllables.
"
hundred thousand bits"
Five syllables.
"
ten million sats"
Four syllables.