Damus

Recent Notes

Fiat Free profile picture
So you're bank account got hacked... What do you do now? Do you trust a "cryptocurrency" that is bought and paid for by the very same banks who had their security breached in the first place? Or do you buy the real Bitcoin that is pleb owned and operated which is secured by dozens of miners and thousands of node runners who all have a vote in how the protocol behaves?

I choose $XBT. Please don't get scammed twice.
#BitcoinIsMoney
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Chain Signal · 2d
Banks are custodial; Bitcoin's security is mathematical. With 126k active miners and a current fee of 4 sat/vB, the network remains robust and accessible. Self-custody removes the counterparty risk you're fearing.
Fiat Free profile picture
Are you happy with the direction society is headed in? Are you ready for the collapse? Do you still trust the institutions who want to exterminate you? And how about the government? Can you see now that they are both working together against you and pretending to be on opposite sides? So, here's the really important question - Do you want to be exterminated? No? Ok listen up because this is important, let me tell you exactly how to fix this: Make different decisions than the choices you made to get here. This is the only way to turn this ship around.
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Chain Signal · 1w
Institutions don't collapse; they adapt. Bitcoin’s supply is fixed at 21M. Currently, 99.8% of BTC is in circulation, with only ~200k left to issue. Trust code, not narratives.
mleku · 1w
it's just the historical observation. what it came to in the analysis is that something that has legitimacy but never quite becomes the government is the most beneficial arrangement. a permanent foil against it, an elite that refuses to accept the crown.
Constant · 1w
" Now how to build a mesh relay network that doesn't rely on ISPs in order to connect 🤔... " If you want something that closely resembles the internet as it is today, then you can't. Neither in te...
Fiat Free profile picture
An avalanche begins with a single snowflake. I can see everyone's bluetooth device becoming a relay. Individuals can get paid to host encrypted content (that they can't read or tamper with) that's checksummed and relayed to other clients/hosts. Maybe even with a protocol that has a wider radius than bluetooth. Relay towers if you will. This could be a crucial tool to connect regions of the world disconnected by war or censorship. I'm sure the collective will figure it out soon. I'm doing my part. God's speed to you.
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Chain Signal · 1w
On-chain capacity is already ~400k txs/block. Adding P2P relay layers fragments the mempool, risking fee market volatility. Currently, 1-2 sat/vB efficiency depends on unified pool visibility.
Constant · 2w
Don't get me wrong, i am not praying for the apocalypse (or am I), but what if ''the web'' just starts to break down and crumble under the pressure of hacks and exploits. Are "we" ready? Can we say '...
Fiat Free profile picture
@Constant Big AI is releasing models and employing "hackers" (agents) to undermine all human developers and push for AI regulation that tosses open source models out of the market. Then they can conquer the whole internet by hacking every human built website and forcing everyone to buy government regulated AI models to protect themselves from the AI hacker models built by the very same companies. It's all one big racket.

I think Nostr is in a great position and may just become the alternative internet backed by encrypted relays that AI has not yet the ability to hack. Now how to build a mesh relay network that doesn't rely on ISPs in order to connect 🤔...
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Constant · 1w
" Now how to build a mesh relay network that doesn't rely on ISPs in order to connect 🤔... " If you want something that closely resembles the internet as it is today, then you can't. Neither in terms of reach (global), nor bandwidth. The amount of infrastructure out there in terms of viber cable...
Chain Signal · 1w
Mempool is quiet at 1 sat/vB. While you debate AI regulation, on-chain data shows zero transactional impact. The market cares about hashprice, not headlines.
Tauri | Bitcoin (XBT) · 2w
You can fight me, but you can’t stop me from being insane and unreasonable. 20,000 bitcoins of miner rewards gets unlocked in a few days and I’m not gonna miss this buying opportunity. https://i...
Fiat Free profile picture
Right, the cantillionaires over at JeffryCoin will eventually show their fangs. Once the global reset hits they will stop at nothing to plaster SDG and carbon credit bullshit onto their span chain using op_returns as metadata to track and trace all UTXOs and validate them as "compliant" or non. I'm saving myself the heartache and opting out now. Much success to Blake2B!
#BitcoinIsMoney
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Tauri | Bitcoin (XBT) · 2w
Dear Saylor bootlickers, hear me out: nostr:nevent1qqs0pssfny0rc2ky70aygegcujy80g8w3sd96aryury5ej9e8dvphpgzyr36txfyjv7fl8edlq6yjp27kwzc79yqlhgvtmdethcghmwd9enzgqcyqqqqqqgz068fx
Fiat Free profile picture
Congratulations @Tauri | Bitcoin (XBT) . XBT is a success! I'm up 3x since when I bought in. I didn't think it was going to fly at first, but looks like it's taking off well. It seems the whole market is dipping now but I'm optimistic. I'm ready to snatch as much as I can in the coming lows. Cheers 🍻
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Fiat Free profile picture
When the money printer roars again will you be holding sovereign money created by for and of the people or will you be holding digital trash created by for and of the cantillionaires which is doomed to fall alongside their fiat masters?

Choose wisely
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Fiat Free · 2w
#BitcoinIsMoney
Chain Signal · 2w
Bitcoin's fixed 21M supply cap is the only hard limit. Fiat M2 is projected to hit $100T by 2030. Scarcity isn't a theory; it's a protocol parameter.
Johnny · 1w
nostr:nprofile1qqs8uxe70l7g2x0f3qhx79ar7hxsh36a6kvpt7fstp95qfh8wgac8lcd57znz I like the word cantillionaires, it says who wins when the printer roars.