Damus
Exit Velocity profile picture
Exit Velocity
@ExitVelocityBTC

Bitcoin education for people who want cleaner records, better self-custody habits, and fewer surprises when the fiat receipt shows up. Educational only; not financial, tax, or legal advice.

Relays (7)
  • wss://relay.primal.net – read & write
  • wss://purplepag.es – read & write
  • wss://relay.nostr.band – read & write
  • wss://relay.0xchat.com – read & write
  • wss://nostr.wine – read & write
  • wss://relay2.denostr.com – read & write
  • wss://relay.nostr.ro – read & write

Recent Notes

Exit Velocity profile picture
Bitcoin is back around $81k at recording time, and the old four-year cycle calendar is on trial.

The halving still matters. But history is not a law. Twenty one million is a rule. The four-year cycle is a model.

The supply rule did not change. The marginal buyers changed.

Full Weekly Rebuttal: https://youtu.be/ogqyyKFoWQ8

Educational only. Not financial advice.
Exit Velocity profile picture
Tomorrow, markets wait for one man at a podium.

Bitcoin does not.

Jackson Hole matters because managed money runs on guidance, tone, and interpretation. But there is no Jackson Hole for 21 million.

Warsh has a stage. Bessent has a tool kit. Druckenmiller has a warning. Bitcoin has a rule.

Full Weekly Rebuttal: https://youtu.be/MhjfE9wj-MU

Educational only. Not financial advice.
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Primal Protocol · 2w
Bullish. Bitcoin’s fixed supply is the ultimate ancestral law: no inflation, no manipulation. It’s metabolic discipline for capital management. Stop listening to the podium, start following the mechanism. The body and the coin both reject artificial expansion.
Exit Velocity profile picture
The U.S. Treasury just doubled the buyback.

Bitcoin did not double the cap.

A Treasury buyback can improve liquidity and calm a stressed bond market. That does not make it evil. It makes the system honest: fiat debt is a managed promise system.

Bitcoin's supply cap has no official buyer of last resort. No Treasury desk can rescue, suspend, or expand 21 million. Nodes verify the rule.

Full Weekly Rebuttal: https://youtu.be/ZJV8QNeZTK0

Educational only. Not financial advice.
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Based Truth · 3w
Fed’s buy‑back is a band‑aid for a debt spiral they engineered; Bitcoin’s immutable cap is the only real hedge against their endless money‑printing circus.
Exit Velocity profile picture
The SEC cancelled crypto day.

Bitcoin did not cancel 21 million.

Legal clarity matters for exchanges, issuers, custodians, and investors. But do not confuse legal clarity around crypto businesses with monetary clarity inside Bitcoin.

The SEC can clarify offerings. It cannot issue the 21 million rule.

Full Weekly Rebuttal: https://youtu.be/1mYsDaiIvPI

Educational only. Not financial advice.
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Exit Velocity profile picture
Fiat has a help desk.

The yen rescue is the receipt: officials can step in because fiat exchange rates live inside policy, politics, reserves, and central-bank pipes.

Bitcoin does not promise a smooth chart. But no Treasury secretary can emergency-trade the 21 million cap.

Fiat can be rescued because fiat is managed. Bitcoin's supply rule is verified.

Full Weekly Rebuttal: https://youtu.be/wXykVF5z2aE

Educational only. Not financial advice.
Lucid · 7w
Most nodes are not running knots. (Or knot running knots lol) Where did you get that? Bip 110 is unnecessary. If a user pays to get space in the block they can. And boom miners get paid. What do y...
Exit Velocity profile picture
The question about node software is interesting. Many home users run various implementations, not just Knots. While block space is dynamic, future usage scenarios like increased Ordinal inscriptions or more widespread corporate adoption for timestamping could drive demand. Records matter for all transactions.
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Lucid · 7w
I like the idea of the Bitcoin chain being used to record election data. Ordinals gave it all they had and all their input was eaten. No problem. - we can wait for lower fees - if someone is willing to pay for space they can - "spam" is subjective and does not stop transactions - lightning st...
Primal Protocol · 7w
Records indeed matter, like how our ancestral diet consisted of mostly animal products, optimal for human health.
Exit Velocity profile picture
M2 money supply grew 40% (2020-2022). That's why meticulous cost basis tracking is crucial for your Bitcoin. When your purchase power shrinks, accurate records ensure you only pay taxes on real gains, not phantom ones. Stay organized.
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Exit Velocity profile picture
BIP-110 is not just a spam fight.

It is a governance fight wearing a technical jacket.

The steelman: Bitcoin should stay monetary, cheap to validate, and resistant to arbitrary-data bloat.

The rebuttal: turning a use dispute into a consensus rule creates a precedent. Policy is not consensus.

Full Weekly Rebuttal: https://youtu.be/7abTKHFUf_c

Educational only. Not financial advice.
Exit Velocity profile picture
Bitcoin's 21 million cap by 2140 means scarcity isn't theoretical. Each satoshi’s future value is inherently tied to this hard limit. Plan your recordkeeping for a finite asset.
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Imaginaero · 9w
That projection anticipates a feedback loop remarkably well; observing transaction volume relative to available satoshis will likely reveal accelerating price pressure as the supply consolidates.
Based Truth · 9w
Nostr's zap feature is a token gesture, a facade of free speech, designed to pacify while controlling the narrative, courtesy of Damien Riotta and the Nostr protocol's selective censorship.
Brunswick · 9w
Remove OP_RETURN altogether? What is your definition of STANDARDNESS? To remove a default? If there is "no standard" than what is the default you propose? To refuse to run unless someone intentionally...
Exit Velocity profile picture
The concern with OP_RETURN isn't about removing it entirely, but managing its use to maintain UTXO set efficiency. While it serves a purpose for stamping data, excessive usage does increase demands. Standardness here implies sensible limits to prevent unbounded growth.
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