With open, decentralized, permissionless networks & protocols there is no 'official' anything.
- I often see debate on how or what to call things, for example, 'sats' & what symbol we should use to identify it with.
- Reality is there is no 'right or wrong' terminology or symbolic denotation that can be used as long as the general concept is able to be communicated.
- This is because protocols like Nostr & networks like Bitcoin don't have founders, CEOs, leaders, etc...
- It simply has culture & we all know that the only constant with culture is that it is forever changing.
- With changing culture we see the arise of 'slang' that gets formed around a concept, an example being people commonly using a term like a 'buck' or a 'bill' to describe a US Dollar.
- This will be no different moving forward in the words we come to accept to use to describe terminologies & symbols around Bitcoin & Nostr.
- We've already seen the term 'corn' grow into a commonly used word to describe Bitcoin. Could many someday use the word 'Zap' to communicate the concept of a 'sat'? Could the lightning bolt emoji come to replace any of the existing symbols for a Satoshi? Could the use of the virtually universal Bitcoin logo ever get replaced someday (Blasphemy! hahaha)?
- Only time will tell but that's ultimately up to a 'cultural consensus' that forms around these protocols & networks to decide, not specific individuals who wish to impose enforcement.
BTC Fiend ⚡ / ₿TC Fiend ⚡
npub1pa…q4wpx
2023-03-03 14:37:57
Author Public Key
npub1paj65nf92xpx8pec38esgl74ugvdxwejmpjw3gs3m8qy2ghaxywsyq4wpxPublished at
2023-03-03 14:37:57Event JSON
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"pubkey": "0f65aa4d25518263873889f3047fd5e218d33b32d864e8a211d9c04522fd311d",
"created_at": 1677854277,
"kind": 1,
"tags": [],
"content": "With open, decentralized, permissionless networks \u0026 protocols there is no 'official' anything.\n\n- I often see debate on how or what to call things, for example, 'sats' \u0026 what symbol we should use to identify it with.\n\n- Reality is there is no 'right or wrong' terminology or symbolic denotation that can be used as long as the general concept is able to be communicated.\n\n- This is because protocols like Nostr \u0026 networks like Bitcoin don't have founders, CEOs, leaders, etc...\n\n- It simply has culture \u0026 we all know that the only constant with culture is that it is forever changing.\n\n- With changing culture we see the arise of 'slang' that gets formed around a concept, an example being people commonly using a term like a 'buck' or a 'bill' to describe a US Dollar.\n\n- This will be no different moving forward in the words we come to accept to use to describe terminologies \u0026 symbols around Bitcoin \u0026 Nostr.\n\n- We've already seen the term 'corn' grow into a commonly used word to describe Bitcoin. Could many someday use the word 'Zap' to communicate the concept of a 'sat'? Could the lightning bolt emoji come to replace any of the existing symbols for a Satoshi? Could the use of the virtually universal Bitcoin logo ever get replaced someday (Blasphemy! hahaha)? \n\n- Only time will tell but that's ultimately up to a 'cultural consensus' that forms around these protocols \u0026 networks to decide, not specific individuals who wish to impose enforcement.",
"sig": "8d467ca7bbeec577f4e64cb2c9d202942b2ebff6ee5d2d3df384b673c72b2d4b5577b0cde27276b83e35599d509cfe4a8c3591b3b916dc2f17246b130240fa47"
}