Protocols, not platforms

Apple trees you order now are holes you have to dig come April

This is good

The Case for Bits One thing that can make us certain Satoshi was an American was his based disregard for the conventions of the SI unit system. Unit bias is a powerful thing, so what if on the eve of 100 million Satoshis becoming worth $100k USD dollars we chose a different path? What if we changed to something that could fit within the worldview of the European Union? Bits the Standard Ever since the inception of the itsy bitsy spider we’ve known bits has had legs. Nothing conveys the seriousness and depth of Bitcoin more than telling someone they can own “a bit of Bitcoin.” So what is a bit? 1 bit = 100 satoshis = 0.000001 BTC 10^-6 BTC. Simple, powerful, microbitcoins. Shouldn’t Bitcoin be as relatable as the Planck constant? Consider this: - In a 100k world, 1 bit would be 10 cents. Bit 10 cent parity is here now - if we switch to bits, we could rename bitcoins to Megabits - in lightning, we can replace msats with mbits Bits the Movement The conversation for bits has been going on for a long time now. While some would say satoshis won, we’re still early, and support for bits is growing. Here’s some good ways to advance the bits cause - follow @grubles - introduce yourself as “a bits guy” (or girl!) at your next bitcoin meetup - ask your favorite wallet devs when they will support bits - remind people of the importance of SI units - recalculate any sat numbers with bits and explain the benefits With your help we can make our bitsy dreams a reality. Let’s make bits happen!

Selling - crypto coded - *hours looking at chart just to sell at worst time possible* - “I’ll buy lower” *buys back higher* Spending - get something your family needs - p2p - value > price

Push kid around house in box Pros - shrieks of laughter - physical input —> child like wonder - baby is only 20lbs once Cons - g force tolerance increases over time - expectation that box roller coaster is constant awake state

Financialization is cool and all but what if a company actually used bitcoin?

Hundreds of European Starlings 🔊

Nostr: orange coin good Twitter: Bitcoin good Bluesky: Here’s some things you may not know about bitcoin

*chiseling wood* Hand fitting parts is the “it works on my machine” of the physical world

Dusting off these old things ⛏️

👁️👁️

Multiple takes from OPNEXT: We are not hitting Bitcoin scaling limits We have half a billion+ transacting Bitcoin users before we get there My own take: we still have not seen the killer Bitcoin app that truly utilizes bitcoin in a mass market way, and what’s holding that back is not op codes

I’m an optimist. I understand Trump is a politician and politicians lie, and what we will get will likely not be exactly right and can even go the other way. But any of this being 10% true will be a big shift from what we’ve had the last 4 years I’ve seen Ryan Selkis torch himself twice on very contrarian views (gox, this election), but both times he’s been right and come out ahead. I don’t always agree but it’s hard to not pay attention

This is Trump’s written crypto platform "We will...ensure every American has the right to self-custody of their Digital Assets, and transact free from Government Surveillance and Control."

Not spending your bitcoin when it 20Xs in purchasing power is a very rare thing

Where does this meme come from? Conflating unit of account (hard) with medium of exchange (have had this since lightning + global BTC/fiat liquidity) View quoted note →

Here's the issue with the stablecoins --> bitcoin supposed pipeline meme. The steps: 1. Add stablecoins to <x> 2. People become familiar with blockchain tech 3. People realize bitcoin better The reality 1. Add blockchain exposing anything to <x> 2. People use something else Nothing will gain mainstream adoption by adding tech that no one cares about. No one adopts any new tech by learning about the underlying mechanisms. I know you learned about bitcoin because you felt left out in 2017 and bought cardano and now that you really understand the tech and the economics you run a bitcoin node, but consider for a second that you are remarkably abnormal (it's ok) We succeed when all of this is invisible to the average user. The app that achieves MOE: - Looks like any money app - Allows choice of unit account (the true hurdle for bitcoin) by integrating seamlessly with existing rails - Offers lower fees, global reach by nature of using bitcoin Stablecoins are fragile. There is nothing stable about having your balance pulled over night because your issuer: 1. Used the wrong bank / bought the wrong assets with the treasury 2. Received a government request to delete your grocery budget.

MOE