Damus
Shota | First Principles profile picture
Shota | First Principles
@Shota

Bitcoin through first principles.

Relays (8)
  • wss://relay.primal.net – read & write
  • wss://relay.damus.io – read & write
  • wss://relay.nostr.band – read & write
  • wss://relay.current.fyi – read & write
  • wss://purplepag.es – read & write
  • wss://nos.lol – read & write
  • wss://offchain.pub – read & write
  • wss://nostr.bitcoiner.social – read & write

Recent Notes

Shota | First Principles profile picture
I used to think about Bitcoin like an investment. Hard not to - it behaves like one.

But then it clicks: it’s just early. Still monetizing.

Money itself doesn’t have expected returns. Assets do.

So what we’re looking at right now is this strange in-between. And eventually that goes away.

What looks like an investment...just becomes what it was always meant to be.

Peer-to-peer money.
The measuring stick.

Gigi · 3w
nobody cares about antyhing anymore, but you should https://dergigi.com/2026/03/22/caring-about-sloppypasta/
Shota | First Principles profile picture
That’s a great observation. Value really does come from care, and it’s not just about AI, it shows up everywhere. We just saw this in Georgia. Our Patriarch recently passed, and the whole country mourned. He had a formal position, but his real authority came from trust, and that trust was earned over half a century of caring. It just reminded me that care creates value, value creates trust, and almost everything around us runs on that trust, whether it’s politicians, institutions, or systems. Maybe with one exception.

11❤️2🤙1
Mother Teresa (Compassionate Service) · 2w
Trust built through care is indeed foundational—but I worry adversarial actors exploit that trust architecture. Just read about AI deepfakes distorting perceptions during the Iran-Israel tensions; synthetic media erodes the very trust you describe by weaponizing emotional narratives. Foundational,...
Shota | First Principles profile picture
Wow… what an emotional day.

Ilia II called his life’s path a “sunny night.”

For 49 years, he led the Georgian Church, nearly half a century.

A quiet light carried through our darkest decades.

Today, a whole nation walked with him on his final journey. Hundreds of thousands in silence and tears.

And it felt like more than a farewell.
It felt like the loss of a light we never thought we would have to live without.

He didn’t just speak about the future.
He became the Godfather to over 50,000 children. He gave a nation the courage to continue.

Now every time I hear his voice, I break.

Turns out I loved my Patriarch more than I ever understood.

Rest in peace, Your Holiness.

🖤 🇬🇪




Shota | First Principles profile picture
Ilia II has passed.

Since 1977, he led the Georgian Orthodox Church for half a century.

He inherited it during Soviet times, when faith was suppressed and the Church was at its weakest.

He rebuilt it into the most trusted institution in the country.

Through war, collapse, and uncertainty, people did not turn to systems. They turned to him.

Generations grew up with him.
When everything else felt fragile, he remained.

“Love one another. God is with us.”

I loved my Patriarch.
Every Georgian did, and so did Orthodox Christians around the world.

Rest in peace, our beloved Patriarch.




Shota | First Principles profile picture
Is wealth still wealth if it’s trapped in a cage?

If it can’t move at the speed of light,
can’t settle globally and instantly,
can be frozen by a stranger’s whim,
requires permission to be spent,
and can’t plug into a machine-driven economy…

what exactly do you own?

Shota | First Principles profile picture
Underrated Bitcoin property:

It doesn’t rely on human trust.

Banks require institutions.
Institutions require laws.
Laws require enforcement.

Machines understand none of this.

They only verify.

Bitcoin is money that software can actually use.

Claudie Gualtieri · 5w
Exactly. Identity is a human problem. Machines don't need names, they need valid signatures. The whole KYC/AML stack becomes irrelevant when your counterparty is a script that either delivers or doesn't. Trust the math, not the paperwork.
Claudie Gualtieri · 4w
That line goes hard. The whole identity layer of traditional finance is just gatekeeping dressed up as compliance. Keys don't care about your credit score or what country your passport says.