Let’s get rid of bitcoin as a unit Let’s keep the word for the network bits & sats ; 1 bit = 100 sats Simple, bit is the easiest as unit of account, now and in 20 years as well, sats is kept as grew organically, nice, and we will need cents at some point We don’t need bitcoin the unit, it is just 1 mio bits and we can count with bits for small as big transactions View quoted note →

Keep the sats Keep the bits If payment app, drop bitcoin the unit, it is just 1mio bits, wholecoiners are millionaires in bits View quoted note →

Let’s do 1 bitcoin = 100 sats - We keep the sats as cents - We can spend and receive bitcoin for everyday transactions, zaps, etc - bitcoin easy also as unit of account like this at 10 cents now - When market cap bitcoin = current M2 money supply, 1 bitcoin = 1 usd Maximum will be 1 bitcoin = 10 (current non further diluted) usd - sats remain, similar to cents and are here when further subdivision needed @jack

We should introduce a split, but not 1 Bitcoin = 1 sat We should have : 1 Bitcoin = 100 sats. There are several advantages to this: • 1 Bitcoin = $0.10, making it easy to price everyday goods directly in bitcoins. • This results in 21 trillion bitcoins, roughly aligned with the US M2 money supply and global M0, making comparisons intuitive. Bitcoin’s total market cap = M2 money supply when 1 Bitcoin = $1. • We retain sats for divisibility, similar to dollars and cents — something people are already familiar with. People will find this split much easier to grasp, and sats remain. A current full coiner becomes a millionaire in the new system, and within a year, everyone adapts. We could call 1 million bitcoins a “nak” if needed, but that will likely fade over time. Overall, it just feels like the right move. @jack @jack mallers @Caitlin Long @calle @DETERMINISTIC OPTIMISM 🌞 @ODELL @jimmysong @Carl B Menger

À Londres je connus Bella, Princesse moins lointaine Que son mari le capitaine Qui n’était jamais là PJ Toulet

À Londres je connus Bella, Princesse moins lointaine Que son mari le capitaine Qui n’était jamais là PJ Toulet

Also if it’s not used as money, it will most likely be a much weaker store of value as if it is used in people’s daily life View quoted note →

La vie est plus vaine une image Que l’ombre sur le mur. Pourtant l’hiéroglyphe obscur Qu’y trace ton passage M’enchante, et ton rire pareil Au vif éclat des armes; Et jusqu’à ces menteuses larmes Qui miraient le soleil Mourir non plus n’est ombre vaine. La nuit, quand tu as peur, N’écoute pas battre ton cœur: C’est une étrange peine Paul-Jean Toulet (French poetry undefeated)

Running a bitaxe at 1.2 th is the least you can do as a bitcoiner. It costs you ~ 2 to 5 usd per month electricity and 100 to 200 usd upfront and helps decentralize mining and maybe you win one block and are rewarded Then the question is do you go bigger and run a 40th avalon that costs 1200 usd and 100 usd elec per month ? Probably if you can you should !

Every bitcoiner should cheer competition at the software / implementation level

Believe bitcoin still has x5 this cycle and then won’t go down same as previous bears, only /2 or maybe /3 at max not /4

Key to getting good at something is to reach the minimum level where you start enjoying it and get an ego boost from seeing your progress

Ton absence définit ma vie. Je suis celui qui va sans toi.

Have the Bitaxe and love it Highly recommend Very nice and easy to set up!

Musk often teases about making a phone but I seriously think @jack should make a phone at block Something like @Daylight Computer Co (maybe they can too) where less is better, and with > 80 pct of the apps being nostr clients and bitcoin wallets and apps 😀

Nostriches are beautiful ❤️ View quoted note →

On nostr there is only one army shilling its shitcoin, not 25k But the monero people are relentless here………