BTC Fiend ⚡ on Nostr: With open, decentralized, permissionless networks & protocols there is no 'official' ...
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.
- 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.