It’s clown town. 

This confusion comes from mixing unit display with total supply. The supply is still capped at 21 million BTC ... that never changes. What changed is how we count or show the smallest units: 1 BTC = 100,000,000 sats (or bits, millisats, whatever). Think of it like measuring length: You didn’t c...

This is what I’m thinking. 21M btc and 21Q sats. I don’t like 10^8. nevent1qqsxnedjjxhp02esh779zrk9yzfwqzp8n5wha08sth2sjdr7zjekgwcpp4mhxue69uhkummn9ekx7mqr42fna

Those people are crazy. This is a so centralized mindset to want to decide such a thing.

Nunca chamarei meus satoshinhos de bitcoins!

No we don't. The proposal is bullshit. We can just ignore it.

This is the Bitcoin inflation bill that the Bitcoin Central Bank just invented. 😂 The best way to destroy Bitcoin is to destroy the unit of Bitcoin and redefine #Bitcoin

You're only looking at the downside. Think about the advantages. Jack says it won't be confusing at all for new users to have "Bitcoin" mean one thing to one set of people, and 100 million of that same thing to another set of people

on this point…we’re early tho, & bitcoiners know what the change would be for. using only “bitcoin” and getting rid of “satoshi” is for the masses of the world and realizing the vision of bitcoin. the non-technical etc masses online and irl could get on board w bitcoin more easily & fa...

Is it approved definitely?

The second Bitcoin inflation bug to occur since the Genesis block.

The important lesson is even pretty smart guys like @jack can go full retard sometimes. He didn't think too deeply about this one before throwing his support behind it. Maybe it's a good time to reflect on another misguided recent proposal.

It sounds like we should’ve been educating people for the last 15 years that the coin cap in the bitcoin network has been coded into its source code instead of ‘convincing’ people there can only be 21 million bitcoins.

Facts

At what point bitcoiners realize that Jack is the wolf in sheep's clothing? The guy wants to delete IP so that bigtech can steal IP and train for free AI to replace creators while they rip the benefits. He then becomes the founder of bluesky, another censored and centralized platform aimed at wok...

Can't we just say 21 million bitcoins and 2.1 quadrillion sats/satoshis? Why complicate things for the sake of "changing" it? That's such an inconvenience.

Right!?! Dumb after. End stop.

nevent1qvzqqqqqqypzqquxdpn0xlh4zqw9k3patfqml9nnndqkyd9e642sfxzlycj5279pqy88wumn8ghj7mn0wvhxcmmv9uq36amnwvaz7tmwdaehgu3wvf5hgcm0d9hx2u3wwdhkx6tpdshsqgpuv5lcuk8wagn4rdyrmaehndfcpfv68u0n6yerzs2956alsyygasdmmvx0

The idea of a stock splits are just mind games. Making you feel like you’re getting more value for less cost. Some people have a hard time accepting the reality of absolute scarcity, since it has never existed before. Once they accept it, they will be right here on Nostr talking about, “Everyone...

But muh marketing!

Noderunners, be careful with updates!

Bitcoin is the base unit. sat is the fractional unit. Can’t get simpler than that.

Exactly! This is my fear. Then people will start saying there was inflation, that it works like stocks (splits) and who know what else. Why don’t these smart people use their time for something more productive?

🎯💯

🎯

no need nevent1qqsrzs9a40ycl3k6ev64ae98lhthm7zlnhdm3qtr9yfdkazqmxgcx6spr9mhxue69uhhyetvv9ujuam9d3kx7unyv4ezumn9ws33he4k

Nothing new actually. Also, Stock splits

What percent of the world's population are aware there are 21 million bitcoins? Let's have a number.

I just now discovered this BIP proposal. I also don't think this is a good idea. In my view I there's many more important things to do in the world and ways to spend attention and capital. But anybody is free to create a BIP. And I think its important to always remember that the idea that all BIPs ...

https://i.nostr.build/hOkZ6Ge5IiHOogyB.jpg

Never say Never! E.G. there we’ll never be more than 21,000,000 #btc BIP-177 WRONG 2.1 Q In 2100 There will never be more than 2.1 Q #btc BIP-2177 WRONG 2.1 quintillion Etc etc etc …

If you told them there’s only 21 million dollars and there’s 100M Pennies in each dollar and it can’t be changed They can do the math and realize the truth, it’s just the wallet showing you the decimal point in reality there is no decimal. It’s all integers

Basic branding problem

What will happen to the mining business when the last bitcoin is mined?

Well, then we can just remind people that, similarly, the national debt is $37Trillion or also 3.7Quadrillion pennies.