Damus
Philipp profile picture
Philipp
@Philipp

Suit by day - management consultant to financial institutions, advising on capital markets related projects.

Bitcoiner under the hood.

šŸ“Heart of Europe

Relays (7)
  • wss://relay.primal.net – read & write
  • wss://adfasfasfadsdfasfasf3123412ewfas.xyz – read & write
  • wss://nostr.data.haus – read & write
  • wss://nostr.xmr.rocks – read & write
  • wss://purplepag.es – read & write
  • wss://relay.damus.io – read & write
  • wss://relay.mostr.pub/%20 – read & write

Recent Notes

Philipp profile picture
On quantum

I’ve been listening to quite a few podcasts and reading a bunch of takes on quantum recently to gain a more informed opinion. By no means do I claim to understand the topic and the issues we face as a network as much as the technical experts I look up to.

What I have summarized for myself is that this issue remains a messy one and that there will be countless conversations for months and years to come.

I currently stand on the side of no coins shall be frozen or locked, full stop.
This type of overreach is done by fiat banks and shitcoin projects.
Property rights and sovereignty unapologetically first. Otherwise, what is left?
Rushing into fixes that are not well thought through and aren’t even necessary right now is the wrong approach, as I see it.
People must take care of their coins. If they don’t know how, they must learn how; that’s my naĆÆve take here.

Now, with institutional players like Coinbase and Blackrock piling in and flexing their opinions that devs must rush something because investors are asking, worried that Bitcoin is going to zero and the fiat/shitcoin circus has it figured out already, is absurd.
I wasn’t around for the blocksize wars, but it gives similar vibes about who gets to control the protocol.
If investors are unsure about Bitcoin, and quantum FUD is the reason that more capital inflow is muted until a solution is found--and until then we won’t go to a million--then so be it. I am absolutely fine stacking sats before they do, and if they want to sell because of quantum, I am a willing buyer. My kids and grandkids will thank me later.

At the same time, I am not in doubt of human ingenuity and technical progress. Certainly at some point quantum will be cryptographically relevant. I also have faith in the community and in the devs, since the best cryptographers on this planet work on Bitcoin. There will be a way, and Bitcoin will win out. Trust. Happy to do my part.
Ben JustmanšŸ· · 5d
No fruit trees will produce fruit this year Grapes could have (and it remains to be seen) damage to the vine above ground which would set me back 2+ years, but I'm optimistic. Minimal damage could mean a 2week delay which would sick a lot of years but we're about 2 weeks early on the growing seas...
Philipp profile picture
GM, incredibly happy to be picking up my wife from the airport today, after her two weeks of international travel.
Goodness I missed her.
1
ethfi · 6d
Soul searching