Damus
There Will Be Sats profile picture
There Will Be Sats
@therewillbesats

Idiot who thinks he’s funny. My humour’s dry because the world’s already dripping wet with nonsense. I post original stuff that amuses me, then ruin it with awful AI art. I’m useless with tech, so expect the occasional accidental self-exposure. Serious about Bitcoin, not about myself.

Relays (6)
  • wss://relay.primal.net – read & write
  • wss://relay.nostrplebs.com: – read & write
  • wss://relay.ditto.pub/ – read & write
  • wss://profiles.nostr1.com – read & write
  • wss://knostr.neutrine.com:8880 – read & write
  • wss://relay.nostr.band – read & write

Recent Notes

There Will Be Sats profile picture
Seems the world’s starting to measure value again, most don’t even see it yet. You’d feel it though if you were standing last in line at a gold dealer, five minutes before the shutters fall because the shelves are bare. Don’t panic though, they can always dig up more gold to sell to you tomorrow.
Bitcoin doesn’t have that luxury. The supply is shrinking with every lost key and wallet taken to the grave. It’s not a a weakness, I see it as refinement. Each vanished sat makes the rest stronger, rarer, and more fiercely protected to prevent attrition over time. The Bitcoin shop door never closes, but the room inside gradually gets smaller and that’s exactly what gives it immeasurable value. If you don’t already, It might be time you took that seriously.
Jeff Booth · 19w
The primary reason people believe in “assets” that protect their purchasing power is because they have never been able to store money in money. #bitcoin changes this and everything else as a res...
There Will Be Sats profile picture
Totally! Humanity has burned centuries of brainpower inventing assets just to survive broken money. Now that it’s fixed, what happens when that energy turns to building/fixing instead of hedging. The compounding of this will dwarf AI’s productivity. Bitcoin has liberated or shall we say unleashed a creative force we haven’t seen in millennia.
Lyn Alden · 19w
In a couple of decades, what percentage of people do you think will be using centralized systems for money and communication vs decentralized ones?
There Will Be Sats profile picture
I think most of the people who are alive today will stay chained to their banks and governments. They’ll trade their liberty for comfort. A new generation, smarter and exposed to more hardship will use the new tools, open networks, sound money, and they’ll be the ones holding the power when the wells of trust run dry. I feel that In 2 decades, 80% will still be using centralised systems, in 3 , no one will.