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Nick Slaney
38609f8bb73a240a557511257c8917120a160657d9cb54d499315c1ff8ab8f0c
MOE maxi

Protocols, not platforms

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

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 nostr:npub1ate84ggysvau69hkw9ygkqwktak6xqtrkkzg465eva7vj37aqz4qqwmf3z

- 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?

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

Replying to Avatar jack mallers

How does anything come into existence?