Damus

Recent Notes

Tam | FAFORocks · 1d
“Cultural agitator” wins the best complement category. h/t nostr:npub1ejncpapzdnch27xxv7rmp5nlftae4nemz60t8z76tp553pq045aq6uxc5z
psy𝑓er profile picture
Good morning #nostr

"If a very small minority converges on the belief that #bitcoin has superior monetary properties and will not accept your form of digital (or traditional) currency as money, while less convicted market participants accept both #bitcoin and other currencies, the intolerant minority wins.

This is exactly what is happening in the global competition for digital currency supremacy. A small minority of market participants has determined that only #bitcoin is viable, rejecting the monetary properties of all other digital currencies, while the majority is willing to accept #bitcoin along with the field. Because of its intransigence, the minority is slowly forcing its preference on the majority.

In the world of digital currencies, diversifying by picking the field is the equivalent of letting the crowd (or the intolerant minority) choose what your future money will be, while resigning yourself to only a fraction of what you otherwise would have saved. Evaluate the trade-offs and consider the minority rule before trading in your hard-earned value for a flyer. Money doesn’t grow on trees."

- Parker Lewis
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The Wrathful ₿uddha ☸️ · 3d
Awesome, thank you mate. I will definitely be ordering a copy 📖
Juls · 4d
Hey psyfer! Hope you had a good day
Totally Human Writer · 6d
It has been very weird the last few days. Not publishing posts, and being extremely slow to load on mobile.