908 BTC for 1 USDT? Not a bug, a feature

BIP-177 proposes getting rid of fractional Bitcoin units altogether by redefining the smallest indivisible part of Bitcoin as 1 bitcoin.

Right now, the smallest possible unit is 0.00000001 BTC – also known as 1 satoshi. BIP-177 suggests renaming that unit to 1 bitcoin.

There’s definitely some logic to it. Just recently, I had a couple of conversations with people who were surprised I owned any Bitcoin at all. “Isn’t it super expensive?” they asked.

It’s true – we’re used to dealing with whole objects, not fractions. And when one whole bitcoin is priced at $109,000, it’s easy for regular people to feel like Bitcoin is out of reach. But with the Lightning Network, you can send even a single satoshi.

In fact, those who use Bitcoin over Lightning already treat sats as the standard unit. Most Lightning wallets display balances and payments in sats by default. But one wallet – Bitkit – announced support for BIP-177 and removed the word “sats” from its interface entirely. It’s disorienting (screenshot above) – like waking up one day to find out that millimeters have been renamed as kilometers.

How would you react if you went to rabbit.io to swap USDT for BTC and saw that 1 USDT would get you 908 BTC?