Even if BIP 177 was a good idea (it’s not), it simply isn’t going to happen. And if it did, it would cause more confusion for normies, not less

nostr:note1vkma6jd5c30fa8hlnlhzuyp02ngmvfw8dh6q4a9pdaqhvtm9qh2qm4sxe4
Even if BIP 177 was a good idea (it’s not), it simply isn’t going to happen. And if it did, it would cause more confusion for normies, not less

nostr:note1vkma6jd5c30fa8hlnlhzuyp02ngmvfw8dh6q4a9pdaqhvtm9qh2qm4sxe4
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It's total retardation 
Imagine having this conversation with a normie a thousand times over
Normie: “Wait, there’s 2.1 Quadrillion Bitcoins? I thought it was 21 Million?”
Me: “The base unit changed after BIP 177. The total supply didn’t.”
Normie: “So… how is that not inflation? Is it like fiat now?”
One, hilarious image.
Two, I agree at this point. Bits or whatever probably would have made more sense IF the debate had settled that way years ago.
I actually think simply bitcoin (1000 bitcoin, 100,000,000 bitcoin, etc) would have made the most sense. But that's a ton of undoing at this point.
NGU will also help inspire learning how SATs work for pre and new coiners. Incentives 100% drive behaviour.
IMO it's a fiat mindset to want to make it easier for people because, ToO hArD.
After all, Bitcoin is PoW in every aspect of its expression.
The reason why we have a screwed financial system is because those in control, created shortcuts for masses to adopt it easily (debt system).
Can't make the foundations of the new one the same.
It's a hijack attempt 😘
it would make more sense for normies and less sense for wall st
there’s many more of one of those. put yourselves in other’s shoes.