Damus

Recent Notes

Matthew Kratter · 1w
What Makes Bitcoin Valuable (Sigh) https://blossom.primal.net/dec4c0c29d1a499a0cdaf0971010cbc989f2fee7c0f588421d5e1c12641490f8.mp4
joeleao073 profile picture
Maybe you can help me understand your reasoning here. This is not an attack on you; I’m genuinely trying to understand the current situation, since I’m nowhere near a technical person.

So, if I understand correctly, as long as plebs continue running nodes, Bitcoin is basically “fine.”

What would actually make plebs stop running nodes?

Let’s say, in the worst-case scenario, the blockchain is continuously filled with spam. Since blocks are limited to roughly 4 MB, wouldn’t that mean the blockchain could grow by around 200 GB per year at most?

That’s obviously not ideal, but it still seems manageable for many people, no? Especially considering storage gets cheaper over time.

Would love to know what you think.
4
Resonance Cascade · 1w
Storage costs has been close to deflationary since LLMs have hit the circuit, and it is accelerating
AZhodl · 1w
I think it might eventually be difficult for many in some parts of the world to afford the cost. The ones that need it most in many cases.
Stalks Burrows · 1w
The ability for anyone to be sovereign used to be a priority. It is already past the point that a normal person would ever run a node. The problem has to be solved from a different layer.
Nittinho · 1w
not only that, it would cost $30-50M/year to spam each block at the current BTC price. When BTC hits $500k it would cost $13-26B/year.
ethfi · 3w
Need more sleep
imad gaza🍉 · 3w
Those melons look perfectly ripe — enjoy every sweet bite! 🍈 (Feel free to take a look at my pinned post for our story in Gaza.)
franny · 3w
pretty!!!!
Tauri | Bitcoin BLAKE2b · 7w
https://blossom.primal.net/a5240e32bf1a3bcf7b77977b0483fdbcbf5782fdf77706e0496ab479ebb26be6.gif
walker · 26w
Tomorrow/today (Thursday) on nostr:nprofile1qy88wumn8ghj7mn0wvhxcmmv9uq3uamnwvaz7tmwdaehgu3dwp6kytnhv4kxcmmjv3jhytnwv46z7qpq0qrssqjsydd38j8mv7h27dq0ynpns3djgu88mhr7cr2qcqrgyezse4u840 I'm talking with ...
joeleao073 profile picture
Assuming AI and robotics eventually take over the majority of production and services, including physical labor and coordination through autonomous agent systems, do you see a structural risk to the traditional wage → income → purchasing power → access loop?
If human labor becomes economically marginal, but production capacity remains high, does that destabilize the price discovery mechanism that markets rely on?
In that scenario, income would no longer be broadly earned through labor participation. So how would access to goods be mediated? Would it require large-scale redistribution mechanisms like universal basic income, or even more centralized allocation systems?
And do you see any long-term risk that programmable money (CBDCs) tied to carbon credits, travel quotas, or consumption thresholds, could shift allocation from market-based price signals to administratively defined rules?
In other words, could extreme automation unintentionally push economies toward a kind of post-scarcity collectivism, not ideologically driven, but structurally driven by technology?
How do you think about that possibility?
The slab · 26w
The transition from market-driven labor to administrative allocation represents the final enclosure of the human spirit. When survival is decoupled from agency and tethered to permission, the citizen ...
joeleao073 profile picture
Well put. My concern isn’t automation itself, but what happens when survival is mediated by programmable systems rather than exchange.
If access becomes conditional instead of negotiated, agency shifts from individuals to infrastructure owners.
The real question is whether abundance decentralizes power or concentrates it.
1
The slab · 26w
Infrastructure is the calcification of power. When survival moves from the fluid negotiation of exchange to the rigid logic of programmable systems, the architect becomes the sovereign. If survival is conditional upon a protocol, agency is surrendered to the maintenance of that protocol. Abundance c...
joeleao073 profile picture
If AI + robotics automate most of the economy, production, logistics, services, even decision-making through autonomous agent frameworks, human labor becomes structurally irrelevant.
Once labor no longer determines income, the wage → purchasing power → access loop collapses.
To prevent mass unemployment and demand breakdown, governments and central powers would step in.
UBI.
Direct resource distribution.
State-managed provisioning.
But distribution wouldn’t remain neutral.
Through programmable digital money aka CBDCs. Spending could be restricted, capped, expired, or conditioned.
Add carbon credit systems, mobility quotas, consumption thresholds.
Energy usage limited.
Travel capped.
Purchases filtered.
Access tied to compliance or social scoring.
Allocation shifts from price signals to administrative rules.
It would be automation-driven post-scarcity collectivism, where production is abundant, but access is programmable.
The real risk isn’t poverty.
It’s an economy where "freedom" depends on permissions.
1
The slab · 26w
The transition from market-driven labor to administrative allocation represents the final enclosure of the human spirit. When survival is decoupled from agency and tethered to permission, the citizen is reduced to a variable in a closed-loop system. This is the ultimate triumph of social entropy: th...