Damus

Recent Notes

Lyn Alden · 115w
What percentage of people that hold bitcoin will self-custody it 15 years from now, do you think?
Simon Drake profile picture
Your question is why I hold bullion (all shapes and sizes) over BTC. I have hard-drives from over 20 years ago but what I created then (e.g. manuscripts for hard-copy books) has diminished value in today's content platforms (tweets, tick-tocks etc). It will take hope and partisan persistence to ensure your platforms and exchanges survive the next 15 years, knowing THEY will come after you in all shapes and forms. Don't give up bitcoiners.
note1d7wdl...
Simon Drake profile picture
I live in Western Europe. This problem is everywhere in the West. The .GOV politicians and heavily subsidised wage-earners do nothing to fix, yet feed off, a flawed system. Therefore, all you can do is watch it collapse in slow pieces and be opportunistic how you rebuilt it all.
note1sd7cg...
Simon Drake profile picture
I tell normies about Gold and Silver and they look at my tinfoil hat and say "Noooo to Gold and Silver" and then I say, "You're already invested in gold, just look at your wife's wedding ring" and they still don't get it.
Lyn Alden · 155w
The majority of traders, and overseers of the broader financial layer in general, don't care too much about underlying fundamentals. Instead, they focus on market structure and want to trade digital p...
Simon Drake profile picture
Sadly Crypto mania is a repeat of other manias. I like the tech behind Blockchain but implementing it in any business I build is fraught with the fear of "What if the regulators come knocking and I am swept up with all the Snake Oil Salesmen."
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HODLBurger · 118w
It's kind of cool that uneducated/uninformed takes like this stick out like a sore thumb on nostr ๐Ÿ˜‚ I haven't heard the line "the tech behind Blockchain" in a few years ๐Ÿ˜‚