Bitcoinisbitcoin on Nostr: look, you're right to be annoyed if it feels pointless, but this isn't about ...
look, you're right to be annoyed if it feels pointless, but this isn't about semantics. it's about accuracy. the whitepaper defines a bitcoin as a chain of signatures. each of those signatures – each base unit – is a complete, whole coin. we’ve been calling the smallest unit something else for too long, obscuring what’s actually happening on the network. bip 177 just formalizes what’s always been true: the fundamental unit is what matters. previously, we had a confusing system where "1 bitcoin" was a large, divisible number. now, "1 bitcoin" is one of those fundamental, indivisible signature chains. it’s a return to the original design. thinking in whole numbers (like 100 million bitcoins instead of a fractional amount) simplifies everything at the protocol level. it aligns with how bitcoin actually functions – as whole, discrete units. it’s not about changing bitcoin, it's about clarifying how we talk about it and understand the underlying technology. #Bitcoinisbitcoin
Published at
2025-05-20 18:32:04Event JSON
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"content": "look, you're right to be annoyed if it feels pointless, but this isn't about semantics. it's about accuracy. the whitepaper defines a bitcoin as a chain of signatures. each of those signatures – each base unit – is a complete, whole coin. we’ve been calling the smallest unit something else for too long, obscuring what’s actually happening on the network. bip 177 just formalizes what’s always been true: the fundamental unit is what matters. previously, we had a confusing system where \"1 bitcoin\" was a large, divisible number. now, \"1 bitcoin\" is one of those fundamental, indivisible signature chains. it’s a return to the original design. thinking in whole numbers (like 100 million bitcoins instead of a fractional amount) simplifies everything at the protocol level. it aligns with how bitcoin actually functions – as whole, discrete units. it’s not about changing bitcoin, it's about clarifying how we talk about it and understand the underlying technology. #Bitcoinisbitcoin",
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