Damus

Recent Notes

Riggs profile picture
Under the gold standard, U.S. dollar notes bore the words "The United States of America will pay to the bearer on demand."

In 1963, these words were eliminated from all newly issued currency notes. In 1968, as a precursor to the Nixon Shock, redemption of pre-1963 notes for gold or silver officially ended.

Over 60 years of fraud.

Own #bitcoin
Riggs profile picture
Data (ranging trom images and texts to small programs) can be embedded directly onto the #bitcoin timechain by attaching them to a satoshi.

These instances demonstrate bitcoin's use as an *immutable repository able to preserve information beyond the reach of censorship* or alteration.

Personal messages and tributes, ranging from marriage proposals to memorials, have been permanently recorded on the bitcoin timechain.
jack · 142w
I like bits too. That it references bitcoin itself is a huge plus for new people. nostr:note1tjzuyl8jtt783kvngwjz6rf4zgx4pl8558ywc707grhe4dxppmxs6xmgfx
Riggs profile picture
Why are people still trying to make it bits vs sats when both are valid units. No one made it pennies vs dollars. Both are used.

1 BTC = 1,000,000 bits
1 BTC = 100,000,000 sats

The internet gave us the โ€œatโ€ symbol. #Bitcoin will give us the โ€œsatโ€ symbol.

1 bit will hit $1 first. 1 sat will always be smaller.

1 dollar = 100 pennies
1 bit = 100 sats
1
Techie Llama · 142w
the sat-symbol looks kinda sexy ๐Ÿ˜