Damus

Recent Notes

utxo the webmaster 🧑‍💻 · 1d
Miners live off of fees, sats are very valuable so fees will like be equivalent purchasing power of block rewards today, ie $200kish
Moist profile picture
thats what I was thinking, and will ponder this a bit more, but if sats become that valuable then its going to be a deterrent to using bitcoin, no?

for sake of argument, if the entire world was solely using btc and you had to value the entire world's assets in the fixed number of sats, what would a sat be worth?
at current population levels there would be about 250k sats/per person, so the buying power of one sat will be huge. if I'm buying a house off you for 5 sats and having to pay 1 sat fee for the transaction its not a very attractive proposition.
even worse considering it will be far less sats in circulation due to loss of keys and people like Saylor
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utxo the webmaster 🧑‍💻 · 1d
Chain will be used mostly for major commits for layer twos and there's and so on, there will be a lot of economic value packed into one chain tx, so it'll still be worth it
El Guirri · 1d
If any of the photos of Gaza are real, seems a reasonable description but point taken. Same also goes witha comarison to stalin. Order of magnitude. My friends whos parents ran from iran actually had ...
Moist profile picture
also forgot to add the comparison to Stalin is quite pertinent. excess death estimates under his reign do vary, but lets say 10m over his roughly 30 year reign, that's less than 1,000 a day. the IRGC reportedly killed 30,000 inside of a week.

you (hopefully) wouldn't stand by and watch your neighbor bash or kill his children, so the world can't stand by and let that level of slaughter happen.
how they got to power in the first place becomes irrelevant at this point
Moist profile picture
this is likely a dumb question with a simple answer, but what happens to bitcoin once its all mined?
currently transactions via mined blocks which people get rewards for. so once there's no reward, how will new blocks be created and who will do it if there is no longer any reward?

i know we'll all be dead by then, but still something that is bothering me

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utxo the webmaster 🧑‍💻 · 1d
Miners live off of fees, sats are very valuable so fees will like be equivalent purchasing power of block rewards today, ie $200kish
El Guirri · 1d
If any of the photos of Gaza are real, seems a reasonable description but point taken. Same also goes witha comarison to stalin. Order of magnitude. My friends whos parents ran from iran actually had ...
Moist profile picture
the systemic destruction of Gaza, sure but thats on Hamas.
i know guys in the IDF and hamas would set booby traps but rather than the old trip wire/pressure plate, they now have webcams and remote detonators. they lost a lot soldiers that way, so resorted to demolishing whole buildings yo clear the boody trap.

but if you're goal is genocide, you don't issue evacuation warnings before bombing runs, and they're doing that also in Lebanon and Iran.

in fact contrary to genocide claims, the civilian death toll in Gaza is ridiculously low considering the level of bombardment abd population density.
ask the residents of Dresden if they'd like to swap

sure it would be nice if there was no war, but that requires everyonetio play nice. nevermind Israel and Iran, every place has its share of psycopathic fuckwits, and they only way people stay in line us the threat of drastic, usually violent, consequences.
no point pretending the world is otherwise
El Guirri · 1d
Honestly, it gets dull. Its hard to say any images real but also throwing the hiding behind civilians thing seems to be everyone. All sides. Not saying that's a good thing obviously but it means const...
Moist profile picture
when you say things like "systematic genocide" then you lose any remote shred of credibility, and you're just repeating propaganda.
the population in Gaza increased over the duration of that war (and not by the number of hostages either).
you make yourself look foolish and also degrade the word.
like calling everyone a nazi, eventually they stop caring.

there is no doubt the IRGC are a pack of fuckwits and have been for half a century.
even Stalin would wince at the number of citizens they killed over the protests recently. nevermind the thousands they've killed around the globe via terrorist proxies.
El Guirri · 1d
If any of the photos of Gaza are real, seems a reasonable description but point taken. Same also goes witha comarison to stalin. Order of magnitude. My friends whos parents ran from iran actually had to do so during iran iraq war which was quite the reaction to BP losing easy oil access. Lots more u...
nicnym #BIP-110 · 1d
Those rebel groups that were killed, were they American or British citizens?
nicnym #BIP-110 · 1d
I mean yeah it’s funny but it’s also getting people killed so maybe it’s not working anymore
El Guirri · 1d
Honestly, it gets dull. Its hard to say any images real but also throwing the hiding behind civilians thing seems to be everyone. All sides. Not saying that's a good thing obviously but it means constantly throwing that out there is the equivalent of the "they're sacrificing babies". Its just propag...
nicnym #BIP-110 · 1d
I was joking but yeah, just like the new meaning of “unconditional surrender” lol
El Guirri · 1d
🤣