Damus

Recent Notes

Derek Ross · 3d
Meta + YouTube found liable for designing addictive platforms. Jury said "malice, oppression, or fraud." $6M damages, 1,600 more cases coming. The fix isn't better regulation of broken incentives. The...
Lee profile picture
I suspect the only true fix is denying the ‘misery harvesters’ the attention they so desperately need to survive. And this is done not by government, but by individuals—striving daily to avoid any contact with these platforms. It’s called a “feed” for a reason.

Similar to food. Only individuals can decide to have a healthy diet, or consume processed and addictive poison.
Lee profile picture
Any student of history can tell you the greatest imperial errors are not those that fail outright, but those that succeed tactically while undermining the foundations of power and influence. By igniting a conflict that is hard to win, costly to sustain and disruptive to the global system it depends upon, the United States has done precisely that. They may have just committed the greatest geopolitical and economic blunder in the nation’s history. It may take years for this to cement in people’s minds, yet I suspect it will eventually be impossible to deny. Not because it is unwinnable in a narrow military sense, but because it has entangled the United States in a conflict whose costs compound across every domain of power: strategic, economic and diplomatic.

Instead of stabilizing its the system in a time of peak global fragility from supply chain instability, energy tensions, and a multipolar power shift, the U.S. injected maximum chaos into a fragile global order. Furthermore, it interrupted an enemy while they were already making big mistakes. Iran was at its weakest in recent memory prior to the start of this war. They were experiencing rampant inflation, mass internal protests against the regime, as well as economic and political problems of every sort. In effect, prior to February 2026, Iran was regionally constrained, economically weakened, and
internally unstable.

Wisdom often manifests itself in the real world as restraint. That is, the art of not doing something you could do. Western leadership is almost completely and entirely without wisdom. There are no wise, elder statesmen in any positions of power or influence. I wonder, are we past a point where their council could even be effective? I’m certain we intend to “find out.”
HODL · 5d
As a father I go out of my way to raise my children with the knowledge that all authority is illegitimate, even mine. It creates some challenges lol 😂 But I’d rather have it this way than the...
Lee profile picture
Upper‑class/wealthier parents, on average, use more reasoning, explanation, and back‑and‑forth discussion with children, which builds skills related to negotiation, self‑advocacy, and agency. It takes more time, energy and patience as a parent to do this, but our children learn to continuously negotiate better outcomes for themselves throughout their lives. It leads to higher educational attainment, better networking, and higher level leadership roles. They also pass this mentality/skillset on to their children, and it perpetuates on down the line.

Lower‑income parents, on average, place emphasis on obedience, respect for authority, and following directives.
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HODL · 4d
Sounds about right
Hard Money Herald · 4w
Close, but the mechanism differs. A margin loan has an automatic call threshold — forced selling when collateral drops below a line. MSTR's convertibles carry no such trigger; risk concentrates at discrete maturity dates, so the deleveraging isn't gradual, it's a cliff. Whether that's better or wo...
utxo the webmaster 🧑‍💻 · 4w
oops https://relay.utxo.one/5ca092213d4711d3e561612f721daa0c921e207aac48d9ec0d74932fc341fc81.png
Lee profile picture
Also, it’s ugly.

On the plus side, you could almost fit a human between that house and the neighbor’s. Only an idiot would buy in a neighborhood this packed. Your neighbor’s foundation problem becomes your foundation problem. Your sewage problem becomes your neighbors sewage problem. All kinds of stupid going on in these new “packed-in” neighborhoods.