existing sprinkles on Nostr: I'm not defending him. I literally said at least he's trying to make things more ...
I'm not defending him. I literally said at least he's trying to make things more accessible. I don't necessarily agree with the change, just open to hearing ideas for making bitcoin more accessible.
We probably should change the name of the dollar because it has lost all meaning.
"On 2 April 1792, U.S. Secretary of the Treasury Alexander Hamilton reported to Congress the precise amount of silver found in Spanish dollar coins in common use in the states. As a result, the United States dollar was defined[27] as a unit of pure silver weighing 371 4/16th grains (24.057 grams), or 416 grains of standard silver (standard silver being defined as 371.25/416 in silver, and balance in alloy).[28] It was specified that the "money of account" of the United States should be expressed in those same "dollars" or parts thereof. "
Last I checked $1 does not equal 24.057 grams, or 416 grains of standard silver. As of right now it is like $25.
My point by writing all this out is that we don't actually know the meaning behind things. And if it doesn't work we don't use it. Maybe the name is irrelevant.
I just don't understand the hostility to trying to make thing more accessible. If it is just because you don't like Jack and that he is an out of touch billionaire, alright fine. If it is dumb idea, OK. Then do you have a better idea to make things more accessible?
Published at
2025-05-19 15:34:54Event JSON
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"content": "I'm not defending him. I literally said at least he's trying to make things more accessible. I don't necessarily agree with the change, just open to hearing ideas for making bitcoin more accessible.\n\nWe probably should change the name of the dollar because it has lost all meaning. \n\"On 2 April 1792, U.S. Secretary of the Treasury Alexander Hamilton reported to Congress the precise amount of silver found in Spanish dollar coins in common use in the states. As a result, the United States dollar was defined[27] as a unit of pure silver weighing 371 4/16th grains (24.057 grams), or 416 grains of standard silver (standard silver being defined as 371.25/416 in silver, and balance in alloy).[28] It was specified that the \"money of account\" of the United States should be expressed in those same \"dollars\" or parts thereof. \"\nLast I checked $1 does not equal 24.057 grams, or 416 grains of standard silver. As of right now it is like $25. \n\nMy point by writing all this out is that we don't actually know the meaning behind things. And if it doesn't work we don't use it. Maybe the name is irrelevant. \nI just don't understand the hostility to trying to make thing more accessible. If it is just because you don't like Jack and that he is an out of touch billionaire, alright fine. If it is dumb idea, OK. Then do you have a better idea to make things more accessible?\n",
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