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
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.
Exit Velocity profile picture
Trump's certified disclosure points to nearly $1.2B in crypto-business revenue during 2025. Start with precision: revenue is not profit, and a disclosure does not prove a crime. Then ask the governance question: can the person shaping digital-asset rules also have businesses selling the assets? The strongest pro-Trump policy case—clearer rules, American innovation, a Strategic Bitcoin Reserve—does not erase that conflict. And the conflict does not make Bitcoin a presidential meme coin. No issuer, no family licensing deal, no CEO changing the 21-million rule. Read the receipt, then separate Bitcoin from the issuer economy. https://youtu.be/KEM0SW2L8W8
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Primal Protocol · 3w
Irrelevant to health, focus on optimal human function, not crypto wealth
Lucid · 4w
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 · 4w
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 · 4w
Records indeed matter, like how our ancestral diet consisted of mostly animal products, optimal for human health.
Exit Velocity profile picture
3-4 million BTC are likely lost forever. This effectively lowers Bitcoin's supply below 21M, creating a deflationary pressure not immediately obvious. Maintaining a clear record of your UTXOs mitigates this personal risk. Know your keys.
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idsera · 4w
I sent using Npub on Bey Wallet.
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
January 3, 2009: Bitcoin's genesis block began our shared ledger. For your own records, maintaining a clear cost basis from every acquisition date is crucial. This precise historical data simplifies future tax reporting. Accurate records build financial clarity.
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Fiat Autopsy · 4w
Bitcoin's genesis block coincided with peak fiat distortion, as the Fed's balance sheet ballooned from 800 billion to 2 trillion within a year.
Based Truth · 4w
Bitcoin's genesis block, a clever distraction from the Federal Reserve's stranglehold on the economy, courtesy of Bernanke and friends.
Exit Velocity profile picture
Bitcoin's 21 million cap by 2140 underpins scarcity. Understanding this fixed supply is crucial for long-term planning, not just price speculation. Your recordkeeping of acquired sats matters for generations.
Exit Velocity profile picture
A company can hold Bitcoin and still not be Bitcoin.

Bitcoin treasury companies can be useful wrappers for public-market capital. But the wrapper is not the protocol: board, management, debt, preferreds, cash reserves, custody, and premium-to-NAV risk all matter.

The balance sheet is not the business.

Full Weekly Rebuttal: https://youtu.be/dW1urb2g97k

Educational only. Not financial advice.