i wonder what incredibly stupid thing bitcoiners are gonna argue about in 6 months from now
Discussion
I wonder what It'll be next week.
Whatever it is you can bet it'll be manufactured bologna
Someone will repost something about bip-177 and weāll argue about it again š
Anyone pushing to get rid of āSATSā I have a high level of disdain for them .. like Jesus Christ I know most bitcoiners are 30 year old virgin nerds but get a fuckin hobby or something why are these fucks always trying to change shit .. leave it alone! Nothing wrong with sats!
99 cents = 1 dollar
100 million sats = 1 bitcoin
This is not hard to comprehend
We have much bigger fish to fry than fight for that stupid as BIP what a waste of fuckin time
Remember when there was some momentum building on new op code proposals? That was sick
Can't wait
Unimaginable š«©
same shit they've argued about for the last 16 years with slight variations. but yeah, basically same shit, different cycle.
Whether 100% automated tests coverage should be a required target, or if 70-80% can suffice. Imagine arguing over something so worthless š
Obviously the answer is zero.
Probably we'll go full circle and discuss 'account based wallets' ;)
ProtonWallet š
Gigi, Iād love to hear your deeper thoughts on whatās happening right now with this push to redefine Bitcoinās unitāspecifically the idea of renaming satoshis as bitcoins and effectively turning 21 million bitcoin into 2.1 quadrillion.
This isnāt just some harmless UI preferenceāit feels like a deliberate attempt to reshape the language, distort the memes, and destroy the psychological clarity Bitcoin has spent 15 years building.
Youāve written beautifully about the memetic power of Bitcoin beforeāespecially in 21 Lessons. That power comes from the fixed supply, the story, the simplicity. This proposal undermines all of that.
It feels like propaganda. Like a strategic effort to engineer confusion, reset price psychology, and reframe Bitcoin for commercial or institutional convenience. And the consequences could be massive.
If the world wakes up tomorrow and sees that Bitcoin is no longer $105,000ābut $0.00105, weāre not āsimplifyingāāweāre sabotaging.
Would you consider writing a longer piece on this? I think the community needs it now more than ever.
It's incredibly stupid and destructive, and I have a hard time believing that otherwise smart and well-meaning people are pushing for it. nostr:nevent1qqsfssrjj9u3n44m73fd2r7878z62n497s7y09nuvxuum75p8guk38spr9mhxue69uhhqun9d45h2mfwwpexjmtpdshxuet59upzqmjxss3dld622uu8q25gywum9qtg4w4cv4064jmg20xsac2aam5nqvzqqqqqqyz5t8js
I want to read your essay on this. Youāre a master of Bitcoin storytelling, and weāre entering the age of narrative manipulationāthis needs to be addressed. Weāre going to see more and more attempts like this. Bitcoin leaving the $100K station is making people lose their minds.
I don't know who started this, but maybe when the degens don't get their way with pictures on a monetary timechain they start having a tantrum and trying to cause chaos?
Right as we might start to be having real consensus around CTV + CSFS these insipid debates about nothing keep popping up. Feels suspicious. If you wanted to bring an open decentralized project to a halt this would be a good way to do it.
Hi, I just finished reading your article!! I really want to sincerely compliment you on your writing!! Truly, well done!
There are some really beautiful reflections in it, worth exploring furtherāsome gave me a new perspective to consider, while others expressed thoughts I already share and recognize as my ownā¦
Thank you, and once again, congratulations. I hope to meet you somewhere along the road someday.
Thank you for the kind words. I wrote quite a bit back in the day, so if you enjoyed that one you might like some of my other stuff too. I hope to return to writing one day.
Jack just wants new quadrillion memes lol
Iām not for this change but I think people are completely blowing out of proportion the consequences of this change. My guess is it would be a nothingburger after about a week of chaos
I donāt think this is being overblown at all. Iāve said it before and Iāll say it againāthis is an attack on Bitcoin, and a serious one. Itās not about UI, decimals, or helping users. Itās about fundamentally altering the way Bitcoin is perceivedāpsychologically, economically, and memetically.
If we rename satoshis as ābitcoin,ā weāre not simplifyingāweāre redefining. We go from 21 million bitcoin to 2.1 quadrillion. And suddenly the price goes from $105,000 to $0.00105.
Now imagine explaining that to the world. Imagine trying to sell the idea of digital scarcity and hard money, while Bitcoin appears to have a higher supply than most memecoins. Thatās not just confusionāitās narrative collapse.
And the irony? Many of the loudest voices pushing this change claim to be maximalists. They fight memecoins by turning Bitcoin into oneāon paper. A cheap, inflated, ultra-high-supply token indistinguishable from what weāve spent years trying to distance ourselves from.
You say itāll be a nothingburger in a week.
I say it will permanently fracture the mental model of the greatest monetary meme ever created.
21 million is not cosmetic. Itās the core.
You donāt throw that away just to sell the illusion that Bitcoin is still cheap.
This isnāt just bad economics.
Itās psyop-level narrative warfare.
I disagree.
Thatās fineābut just to be clear:
BIP-177 redefines the unit and inflates the perceived supply of Bitcoin from 21 million to 2.1 quadrillion.
Thatās more than every memecoin, shitcoin, and altcoin in existence.
Whatever the intention, the result is clear:
It shatters the scarcity meme, breaks the price psychology, and turns Bitcoināon paperāinto dust.
Disagree if you must, but please be honest about what this proposal actually does.
Yes it does impact the scarcity meme, no argument there. And Iām not even arguing that it would be insignificant- I donāt know for sure but suspect it would be less impact than you claim. Majority of the world has no idea what sats are.
Iām more in the āif it aināt broke donāt fix itā camp and see this discussion as irrelevant because itās the app designers who can make the change without any BIPs
I get your stance, and I respect it. But this isnāt just about a scarcity memeāitās about the signal we, as a community, send. Wallet developers take cues from culture. If we stand firmāāif it aināt broke, donāt fix itāāthis wonāt gain traction. But if voices like Jack Dorsey and others with massive followings normalize this shift, devs will start experimenting.
Then weāll end up with fractured UXāwallets showing different numbers, people unsure how much bitcoin they actually hold, confusion rippling through new users and media. Thatās not a UI improvement. Thatās chaos.
And whatās most alarming is that this doesnāt feel organicāit feels like an organized psyop. Weāve all seen how topics are engineered to go viral. This isnāt a joke or a harmless debate. Itās coordinated. Itās serious. And itās dangerous.
One of the loudest voices pushing this has over 6 million followers on X, and owns a company building Bitcoin wallets/ Bitkey/āhardware, mobile, and recovery tools. So yesāhe can push this into production. And if we stay silent, others will follow.
We stop it nowāor we sort through the confusion later. At scale.
It doesnāt feel engineered at all. This has been an ongoing discussion for some time. Satoshi thought about it way back then too. Iām tired of everything being seen as an attack just because one doesnāt approve it. Itās an open source ecosystem and if an app changes units thatās fine - itās their choice. The market will decide. I donāt see anything wrong with experimenting with this. In fact, I plan on doing just so with my own projects.
I donāt think any of the issues you are concerned about have as grave of consequences as you feel they do. But, I respect your opinion and remain cautiously in the donāt touch the thing that works camp for now. I fully agree itāll be confusing. When we made Banco Libre we had bitcoin as the unit instead of sats (not by design) and that was confusing to me. But I have to be aware that people like me are few in the grand scheme of things and Iād rather get feedback from normies and not rely on my personal opinion and what Iām accustomed to already.
Iāll be honestāI donāt understand why youād want to experiment with something you already admit will be confusing. At a time when the window for everyday people to access Bitcoin is rapidly closing, the last thing we need is more confusion.
And as for whether itās engineered or notāIāve been on social media long enough to recognize how viral agendas are seeded and amplified. Before Jack Dorsey picked this up, it was just another fringe idea from John Carvalho. Now itās suddenly everywhere. Thatās not organic. Thatās coordinated momentum.
Itās distraction. And it comes at the worst possible time.
Let's leave it at that.
I thought I made it clear already - people who would find it confusing are few, and people who might benefit are many.
Might benefit. I donāt know if they will.
Ultimately bitcoin requires several run ins to start getting it and learning about sats is not a huge barrier imo.
Also, I could be wrong. And Iād rather not find out.
We should make a pool.
10k sats per entry winner take all
cast iron or stainless steel pans?
on the stupid-useful scale that was closer to useful, at least people learnt something and got out of Teflon hell https://www.youtube.com/watch?v=SC2eSujzrUY
Good point.
GM versus good morning
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In 6 days you mean
The water table
HOW TO ADEQUATELY SUN TESTES AND STIMULATE LEYDIG CELLS DURING A NORTHERN HEMISPHERE WINTER.
THE CORRECT ANSWER BEGINS WITH REMOVING SHIRTS AND MOVING TO THE nostr:nprofile1qqs9xtvrphl7p8qnua0gk9zusft33lqjkqqr7cwkr6g8wusu0lle8jcpp3mhxue69uhkyunz9e5k7qg4waehxw309ajkgetw9ehx7um5wghxcctwvsqs6amnwvaz7tmwdaejumr0ds2g5zx8 HOUSE.
Donāt you mean next week?
The symbol
I know my side: https://m.youtube.com/watch?v=8WveXp4AkB4
Its anyone guess
"What color should we make the Bitcoin logo? Orange is so outdated". ššš
Tbh Iām getting a bit bored with all this excitement
Probably about pooling risks and miners if my watch still works correctly
Or tomorrow? lol
pubky & nostr
Enough drama.
Letās instead discuss philosophy, stoicism, faith, a higher way of living, God, family and love.
With inspiration from a nostr:nprofile1qqsvf82j54enveujhxnwfpg4slpgqshmyna9vfwx6eace9wgw5dv59gprpmhxue69uhkc6t8dp6xu6twvaex2mrp0yhxxmmdqyg8wumn8ghj7mn0wd68ytnhd9hx20lddxx lecture.
To quote Epictetus Enchiridion:
- āSome things are up to us and some things are not up to us.ā
- āItās not what happens to you, but how you react to it that matters.ā
- āDonāt seek to have events happen as you want them to, but instead want them to happen as they do; and your life will go well.ā
- āIt is not things themselves that disturb us, but our opinions about them.ā
- āWhen someone irritates you, realize that the problem lies in you.ā
- āIf you want to improve, be content to be thought foolish and stupid.ā
- āNo man is free who is not master of himself.ā
- āRemember that you are an actor in a play, the character of which is determined by the Playwright. If He wants it short, it is short; if long, it is long. If He wants you to play the part of a beggar, remember to act even this role well; the same if it be that of a cripple, a ruler, or a private citizen. For your business is to act well the given role, but to choose it belongs to another.ā
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You are not your mind.
Whether the price rolls over to 0 after 999,999.99
I don't think about bitcoin all the time, the same thing, I don't think about the stupid Roman Empire all the time .š
Maybe about the size. On the block, or something else that's small for them š
I fell like youād have an awesome haiku about it Gigi. š¤
Probably arguing again about which hardware wallet is the best, or whether Taproot was actually revolutionary š¤£
The correct color code for BTC
lmfao turns out its the same thing still
Maybe how they were able to save Bitcoin from corrupt influencers and core devs. Like those ridiculing decent and trying to mute debate?