Damus

Recent Notes

Bram profile picture
Where did the concept of "getting paid by the hour" actually come from?

The most important breakthrough in human freedom was not a political revolution, but an engineering one.

The invention of the mechanical clock allowed us to transform labor from coerced servitude into a measurable sacrifice.

This technology did more than tell time; it built the foundations of the modern wage economy and ended the era of serfdom.



--

Video by Google Gemini based on @Nick Szabo / @NickSzabo4 (RSS Feed) article: https://nakamotoinstitute.org/library/a-measure-of-sacrifice/
Bram profile picture
What I like about Bitcoin is that someone like Saylor needs to follow the protocol too and play the same game as us.

He can issue all the preferred stock he wants. He cannot print a single satoshi.

He cannot reverse a transaction. He cannot bend a consensus rule.

His 840K coins obey the exact same rules as your 0.1.

The US government, the most powerful institution in human history, holds its bitcoin the way you hold bitcoin: by controlling keys and following the protocol.

Bitcoin does not care who you are.

Bitcoin can force transparency on players that nothing else on Earth can touch.

And if you can force transparency, you can force trust.

Verified trust in rules that leads to trust in people.

(and yes I am pro proof of reserves)
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Satprinter · 1d
It’s a general observation, but for you in particular if you’re curious, it’s your seemingly newfound arrogance, tone, and hubris in comments to people that were here before you on a situation (BIP-110) that no one knows the outcome of.
Newman · 1d
Ik denk dat we ontzettend zitten te overdrijven. Er was een bad actor. En niet zon beetje ook. Maar de manier waarop de guardians het boetekleed aan trekken... Een beetje too much. Ze hebben die shot toch niet met voorkennis aangeraden. Sjeeeez
Bram profile picture
LIVE: BFM272 w/ @Luke de Wolf⚡️

"If we can't undo a mistake, I don't think Bitcoin will ever upgrade again"

We discuss:
🔸BIP 110: rollback vs ossification
🔸Spam & data attacks
🔸Permissionlessness vs consensus change
🔸Social vs code opposition
🔸Coldcard exploit & future trust

https://youtu.be/Iz2B7hIDgeU
Bram profile picture
🎯 @Jeff Booth once told me that fiat money is a zero-sum game.

For someone to win, someone else has to lose, because the system runs on extraction.

But Bitcoin, he said, is a game of cooperative competitiveness.

We still compete, fiercely, but on top of a settlement layer where nobody can cheat.

So competition creates value instead of extracting it.

And Jeff's deeper point is that this doesn't even require your agreement.

The cooperative system gets imposed on you, because staying outside it means getting slowly repriced anyway.
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Bram profile picture
Money determines how much complexity civilization can sustain.

Fiat money is slowly breaking that coordination system.

Bitcoin introduces a new operating system for the individual and, potentially, final money for civilization.
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Nunya Bidness · 2d
🔥
Chris · 2d
🎯
Madeline Sanchez · 2d
One thing I appreciate about paul is that he teaches patience and risk management instead of chasing quick profits. That mindset completely changed the way I approach trading, and I've seen much better consistency because of it. https://blossom.primal.net/fd85235345f2e61f76349123d3c7ec3c8c86568d...
Tauri | BIP-110 · 5d
I’m sad that you’re deceiving yourself.
Toxic Bitcoiner · 5d
I don’t see why it’s so difficult to admit that Taproot was a mistake. If everyone can start by admitting that, we can all move forward to solutions. Just because something has “broad consensus” doesn’t inherently mean it’s good.
Tauri | BIP-110 · 5d
As a Christian, I love ya too.