Bitcoiners often care a lot about health, poisonous food etc In that regard, the situation in the U.S. is probably 10x worse than in Europe — one of the rare topics where that’s the case — due to weaker or more corrupt regulation. And most Bitcoiners are also strongly opposed to overreaching regulation. We focus a lot on violence by the state and sometimes forget the violence of scammers and businesses, the fact that capitalism is amoral: if you can make a consumer addict, you do. Most businesses seem to apply this today, more so than in the past. Maybe it should solve itself through Darwinism — people who don’t pay attention, or parents who don’t care, end up dying or not reproducing. Maybe that’s the only way, since all others are too coercive or too risky. But information and culture are probably also keys. A relatively good state is one that wants to be as small as possible but also encourages citizens to be conservatives (in the sense that something proven by times is safer) paranoid, skeptical of everything, including itself - exactly the contrary of what states do today

In a period of intense technological progress, soft money allows power to decide who benefits and who does not

We can’t change the unit bitcoin We should drop, ignore it though Talk only sats and ideally hundred sats should have a name cause it is easier to manipulate and thus spend

I think it’s true, we can’t rename bitcoin the unit We should drop bitcoin the unit for all payments apps, etc Use bits and sats. Bits are useful as they are better unit of account than bitcoin (terrible, you can’t count for everyday things with it) and sats (not great as people don’t like too small units, too big numbers for everyday things) Bits are better now and will still be if bitcoin x100 Sats are useful as they grew organically, are the smaller units and will be like the cents are to the dollar to the bits We don’t need bitcoin the unit, it will be just 1mio bits View quoted note →

Keep bits, keep sats, drop bitcoin the unit it is useless People who use bitcoin as payments count in sats Counting in bits would be easier. Let’s keep the sats as it grew organically, is the smallest unit, and we will need cents in the end Payments apps etc should drop bitcoin the unit and propose bits and sats as defaults View quoted note →

Payments apps should use bits and sats bitcoin the unit is useless for wallets, payment apps etc. It is impossible to count with Let’s use bits and sats as unit of accounts : both are useful Let’s drop bitcoin the unit, it is useless Probably it will happen anyway, slowly, nobody will use it, it will be just 1 mio bits View quoted note →

Let’s get rid of bitcoin as a unit Let’s keep the word for the network bits & sats ; 1 bit = 100 sats Simple, bit is the easiest as unit of account, now and in 20 years as well, sats is kept as grew organically, nice, and we will need cents at some point We don’t need bitcoin the unit, it is just 1 mio bits and we can count with bits for small as big transactions View quoted note →

Keep the sats Keep the bits If payment app, drop bitcoin the unit, it is just 1mio bits, wholecoiners are millionaires in bits View quoted note →

Let’s do 1 bitcoin = 100 sats - We keep the sats as cents - We can spend and receive bitcoin for everyday transactions, zaps, etc - bitcoin easy also as unit of account like this at 10 cents now - When market cap bitcoin = current M2 money supply, 1 bitcoin = 1 usd Maximum will be 1 bitcoin = 10 (current non further diluted) usd - sats remain, similar to cents and are here when further subdivision needed @jack

We should introduce a split, but not 1 Bitcoin = 1 sat We should have : 1 Bitcoin = 100 sats. There are several advantages to this: • 1 Bitcoin = $0.10, making it easy to price everyday goods directly in bitcoins. • This results in 21 trillion bitcoins, roughly aligned with the US M2 money supply and global M0, making comparisons intuitive. Bitcoin’s total market cap = M2 money supply when 1 Bitcoin = $1. • We retain sats for divisibility, similar to dollars and cents — something people are already familiar with. People will find this split much easier to grasp, and sats remain. A current full coiner becomes a millionaire in the new system, and within a year, everyone adapts. We could call 1 million bitcoins a “nak” if needed, but that will likely fade over time. Overall, it just feels like the right move. @jack @jack mallers @Caitlin Long @calle @BLUESKY @ODELL @jimmysong @Carl B Menger

À Londres je connus Bella, Princesse moins lointaine Que son mari le capitaine Qui n’était jamais là PJ Toulet

À Londres je connus Bella, Princesse moins lointaine Que son mari le capitaine Qui n’était jamais là PJ Toulet

Also if it’s not used as money, it will most likely be a much weaker store of value as if it is used in people’s daily life View quoted note →

La vie est plus vaine une image Que l’ombre sur le mur. Pourtant l’hiéroglyphe obscur Qu’y trace ton passage M’enchante, et ton rire pareil Au vif éclat des armes; Et jusqu’à ces menteuses larmes Qui miraient le soleil Mourir non plus n’est ombre vaine. La nuit, quand tu as peur, N’écoute pas battre ton cœur: C’est une étrange peine Paul-Jean Toulet (French poetry undefeated)

Running a bitaxe at 1.2 th is the least you can do as a bitcoiner. It costs you ~ 2 to 5 usd per month electricity and 100 to 200 usd upfront and helps decentralize mining and maybe you win one block and are rewarded Then the question is do you go bigger and run a 40th avalon that costs 1200 usd and 100 usd elec per month ? Probably if you can you should !

Every bitcoiner should cheer competition at the software / implementation level

Believe bitcoin still has x5 this cycle and then won’t go down same as previous bears, only /2 or maybe /3 at max not /4

Key to getting good at something is to reach the minimum level where you start enjoying it and get an ego boost from seeing your progress

Ton absence définit ma vie. Je suis celui qui va sans toi.