$MONAD
Cooling DownSnapshot Window: 2026-07-13 20:10 UTC · ← Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 5, Retweets: 36, Likes: 91, Impressions: 2490
Verbatim Community Citations & Social Evidence 2 source posts analyzed
The “cash” in $BTC wasn’t about checkout, @danheld argues. “The cypherpunks don't use the word cash to mean everyday transactions.” “That's a huge misconception.” “It means once I make a payment, it can't be reversed.” “And usually means that it's private. It was [Spoken audio]: What about privacy? I can't actually remember if Bitcoin had like a commitment to privacy in its culture. I don't think it did, but nonetheless, privacy has always been interesting to Bitcoiners. What is the idea, the relationship that Bitcoin and Bitcoiners believe about privacy with regards to the Bitcoin protocol? Yeah, that's a good question because the early community, the word cash actually means that when the Bitcoin white paper was written, Satoshi wrote it for the cypher punks, which are on the cryptographer mailing list. The cypher punks don't use the word cash to mean everyday transactions. That's a huge misconception. Interesting. I've never realized that. That's crazy. Yeah, because you had like e-cash, hash, cash. Why are they using this word cash? Right. It means a couple of different things. It means a one-way function that means once I make a payment, it can't be reversed. So it's irreversible. That's what a cash transaction is like. If I pay you cash for your plant in the background, you can't ask for that back unless you want to give it back. Yeah. So it means it's irreversible and usually means that it's private. Between the two parties, yeah. Yeah, that was a big component that the CypherPunks really cared about. Now, Bitcoin is pseudonymous. We don't know which Bitcoin address, who owns which address, but if we ever de-anonymize if you've owned an address, then we can trace through the blockchain and probably figure out some of your ownership, but it is still difficult. It's not easy and you can do coin joins. You can do all sorts of other obfuscation, no lightning, which is a Bitcoin L2. That channel activity is largely anonymous. But for the cypherpunks and Satoshi, that was actually a critical component with the idea that Bitcoin would be semi-private or fully private. That's what the word cash means, not cash in your pocket, not pay for everyday stuff. Now Satoshi, of course, does reference merchants and paying for things, but the word cash does not represent that. Because he's writing this to the cypher box modern media is a mess every platform has a bias But not every news consumer is aware of the platform's bias that they're consuming That's why when I want to learn the truth I go to poly market the world's most unbiased news platform get your signal from poly market comm
I feel like I've gotten younger—does it make that much of a difference? I've started testing the @opensea mobile beta. Thanks to my brother @ogzgzynftholder for the opportunity