GM

GM & PV plebs ☕🤙

BIP 177 is terrible.

1. It will happen again: Multiple BTC "stock splits" will be needed over time. We will go much smaller than 1 sat. We can either create a new name for each of them or constantly change what "1 Bitcoin" means by adding or removing zeros like fiat does. To make matters worse, because it is an Ok move to make, each county can decide to redenominate BTC for their people. This is a can of worms we do not want to open.

2. Stock splits force updating the past since what was 1 BTC last year is now 100,000,000 BTC. All accounting records related to BTC must change. Since a lot of systems are stuck in time, it is likely that we will need to add date-and-timezone-dependent rules to adjust units when doing reports over old systems. This is equivalent to the current "daylight saving" problem, where each country has multiple historical tables to adjust time when doing reports.

3. The International System of Units never changes the unit of account. Users are supposed to add a prefix (nano, pico, etc) as things get small or (tera, peta) when they get too big. Keeping things historically sane significantly reduces the work of engineers. I don't need to remind anyone of the multiple mega bugs these types of conversion issues have caused over the years.

1 BTC = 1 BTC.

If you want more reach and engagement on Nostr than increase your output and quality.

It's that simple.

well done! are you training for something Jon?

Sunday Runday! Broke 1:50 ✅ #running

nostr:note1m3j42gqadx04ceqxzcyeprpec5cpzp6nc2wzfglztjzj2smrf5nqmv9krm

Welcome in Italy! 🫂🎨🇮🇹

Welcome in Italy! 🫂🎨🇮🇹

Just completed a run with Runstr! 🏃‍♂️💨

⏱️ Duration: 37:29

📏 Distance: 5.25 km

⚡ Pace: 7.14 min/km

🔥 Calories: 315 kcal

🏔️ Elevation Gain: 129 m

📉 Elevation Loss: 127 m

🇮🇹💯⚡🤙

#Runstr #Running

Race day #running

Gm nostr

🥱

The only accountability anybody will ever receive is through buying #Bitcoin

Want #justice? Stack #sats

#corruption #news #politics

Mastering food #photography is a dance of light and texture. It's about more than just snapping a pic; it's crafting a visual feast. Focus, composition, and perfect light are key to making the viewer almost taste the dish. Remember, the #lens sees all!

Buongiorno #Nostr 🫂🎨☕💜

VENICE

Original oil painting - 50x40cm, Oil on board - Completed 04 May 2024

A small group of people can reshape an entire system.

Nassim Taleb coined the term Intransigent Minority to describe the

phenomenon.

When the cost of acquiring that group is low, the rest of the population is indifferent, and that group is stubborn enough to stand on what they believe, the system bends.

His go-to example is kosher food.

Fewer than 0.5% of Americans follow kosher rules, yet a huge portion of the grocery store is certified. Observant Jews won’t touch non-kosher food, but most people don’t think twice about it. So if you run a factory, it’s easier to make everything kosher than split your product line. One group has strict requirements. The other is flexible. That’s enough to tip the entire system.

I’m seeing something similar with bitcoin businesses. The pressure here isn’t negative or rooted in avoidance. It’s completely positive.

What I do see is a sharp rise in demand for products and services from companies that accept bitcoin alongside the dollar. Whether bitcoiners use it as a medium of exchange or not, it’s clear that having that option is good for business.

This pattern has been clear to me ever since bitcoiners started buying my wine, but my scale is small. Since then, I’ve watched everything from cottage producers to large ranching operations benefit from the same magnetic pull. Steak n’ Shake, with over 450 locations, is just the next evolution.

If a bitcoiner is getting a burger, Steak n’ Shake just jumped to the top of their list. They’ve already gained the attention of a group that punches above its weight. Time will tell how much we impact their business.

Bitcoiners’ impact doesn’t come from protest. It shows up as positive reinforcement. The Magnetic Minority rewards alignment and that reward is scaling.

Taleb gave us the template.

We’re writing our own story.