One of the best way to reflect on the present is to dream up future and alternative worlds… I can wait to read what you have been working on, congrats 🎉

Still think this is too confusing… But it the idea really gained momentum…

IMHO would make more sense to keep sats and have 1 million :1 ratio eg rename bits (100sats) to bitcoin.

At $1m usd we get 1 btc = 1 usd and 1 sat = 1 cent

1 BTC becomes1 000 000 BTC
21 trillion bitcoin
100 sats for one bitcoin

And maybe some among convention for old vs new, maybe with upper lower case? Or rename to MBTC?

1MBTC = 1000000 btc = 100 000 000 sat

Within p2p payments imho the most asymmetric opportunities for Bitcoin at this stage are micropayments and “megapayments” eg very small or larger than average transactions which are often hard, slow, insecure, complex and sometimes impossible (eg sending 1c, or sending a remittance instantly) with fiat rails - and most importantly often unavailable to the unbanked.

Really amazing to be reading this archive

“I should have set the initial BTC price higher, it was only 1€ / 1000
BTC in the beginning.” 🤣 🤯

“I plan to work on the escrow feature next, which is needed to make
actual trades for physical stuff safer and before backing the currency
with fiat money can begin.”

What was Satoshi referring to here ?

Funny how so many of us here created our first nostr key years a while ago just for testing and it might become our most important digital identity down the line. That might seem far fetched but so did Bitcoin becoming the internet money 15y ago.

Book reading clubs could be an interesting thing to build on Nostr. Just like playlists, reading lists would be great for users to own and use in different apps.

Started the same thing few months ago - used to read lots and past few years online reading perhaps reduced my ability to focus. What app do you recommend to track your reading?

Last 3 reads -

The Bitcoin age (really enjoyed, it’s very different than layered money and revisits Bitcoin from first principles its cypherpunk origins)

The internet of money (Bitcoin classic for some reason I had not read- mostly aged superbly with some early and incredibly spot on predictions)

Nexus (some really interesting ideas there about stories, information networks and how AI might become a central part of that

the speed of language seems to really be the speed of thought indeed
https://meisterlab.caltech.edu/documents/30100/Zheng_2024_The_unbearable_slowness_of_being-_Why_do_we_live_at_10_bitss.pdf

Patience

Same here - it’s now my first recommendation for anyone new, along with @Lyn Alden excellent video summary. After that I tell them there is a lot more I can recommend and my next list is usually
- check your financial privilege
- the price of tomorrow
- layered money