We spent 15 years convincing people that the hard number is 21 million bitcoins.
Now we have to go back to each person to tell them that it is now 2 quadrillion and 100 trillion bitcoins.
But somehow we didn't create any new coins in the process.
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Exactly ππ»
nevent1qqstftg7qfltq9kl9jpw7w2pm2lp63ta28uwddn53cfjj4eg2rhkqjqpp4mhxue69uhkummn9ekx7mqz4wtwp
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 should deserve attention per se and all appear in one place is obviously just an opinion as we know. It's part of the process of decentralization that we're all part of.
This (and other BIP ideas) are a great test to the decentralization of Bitcoin. Bitcoin should remain decentralized, and we should find ways to make that decentralization always be the priority.
Bitcoin is the community. Nostr allows that community to flourish too. Nostr can also teach decentralization to Bitcoin.
We're all going to there and learn a lot about all of this. We're gonna get there.
Never say Never!
E.G. there weβll 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 β¦
If you told them thereβs only 21 million dollars and thereβs 100M Pennies in each dollar and it canβt be changed
They can do the math and realize the truth, itβs just the wallet showing you the decimal point in reality there is no decimal. Itβs 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.
