The discussion centers on the chemical composition and nomenclature of bicarbonate, specifically its relationship to carbonate ions. Bicarbonate, or hydrogen carbonate, is identified as a compound that includes one carbon atom with an attached proton (H+). The term "bi" in bicarbonate is debated, with some suggesting it indicates the compound's ability to produce twice as much CO2 compared to carbonate, as seen in the example of sodium bicarbonate (NaHCO3) versus sodium carbonate (Na2CO3). The conversation also touches on the prefixes used in chemistry, such as mono, bi, di, and tri, which denote quantities of atoms in compounds. Overall, the thread clarifies the chemical structure of bicarbonate and its historical naming conventions.