Damus

Recent Notes

Michael Dunworth · 6d
4 out of 10 people you know will be out of a job in the next 18 months. Inflation is insane. Property market is cooked. Not only is it that they won’t have a job, the job will cease to exist. We...
The Other Guy  profile picture
Yep, the status quo that we’ve been in… I’m seeing evidence of an impending WRECKING BALL coming right down the middle of the whole fucking thing. And I feel like, we, and the “system” aren’t ready for the 2nd derivative of that. Might very soon look like, the wealth divide (between rich and poor) becomes a chasm! People on the wrong side of that… Well, they’re gonna be mighty PISSED OFF .
Sorry if I’m black pilling.. just getting some thoughts out there. 🙂
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Gregor · 6d
Wild to imagine if debts would begin to settle.
Gregor · 3w
Conspicuously no.
The Other Guy  profile picture
I haven’t either. But I believe Alex Svetski has written about his imagined post fiat world.
And Jeff Booth talks about a world where 8 billion people are in service of 8 billion people which he thinks might mean a higher state of consciousness for humanity, instead of a zero sum game. Sounds amazing! 😊
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Gregor · 3w
What ideas do you have? I like BTC, yet money in itself seems unrealistic, it does have no value inherently, so post money seems more sensible than post fiat. BTC seems mostly useful to transfer land ownership, sell in one place, move, purchase equivalent land there, yet location property contradic...
Gregor · 3w
Conspicuously no.
The Other Guy  profile picture
I’m bored 😑…… anyone want to add to this story for me?

* Strong man/party leader says “ hey fuckers, all that debt you have - it’s gone! Hey banks, bond holders, the credit you have - it’s gone! We’re moving to a bitcoin standard, any of those old fiat currencies you have - they’re deemed worthless now. Or you can barter amongst yourselves with anything you guys deem valuable (gold, guns, vegetables seeds,etc) THE PEOPLE- “but I don’t have any of the Bitcoin to use as money going forward 🤷‍♂️” Strong man/party leader - “we’ve got a tiny bit of it. Get off you asses and start working for us or some other cunts who were smart enough to accumulate some already”
?
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Gregor · 3w
Free associations, the machine that builds the machine still eats, drinks and sleeps, it listens externally only after having internal voices quieted. Every leader has to address what drives the machine that builds the machine first, the one in your story missed that. Leader, we change how we addres...
Jake Woodhouse · 3w
After this price drawdown, and remainder of the bear market, where is price going to be? Ofc no-one knows, but I need to make some forecasts in order to manage capex and expenditure expectations Whe...
The Other Guy  profile picture
Not sure about price targets, though generally UP. But to make a point; I think the “current financial system” is throwing its full might and EVERYTHING it has at trying to crush and obliterate Bitcoin at the moment.
I think we’re deeply in the “then they fight you” stage.
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BitcoinMendocino · 3w
That’s a great reply.
Jake Woodhouse · 3w
Observation: for about 3 weeks I’ve been like a rabbit in headlights, frozen almost, fearful, as the Bitcoin price plummeted. Only now am I managing to wrestle back control of myself, and start to...
The Other Guy  profile picture
Yep same, prolly should’ve been shaving a bit off into strength instead of accelerated DCA’ing as it was running up into near tops 🤷‍♂️.
Being a hyper permabull maybe isn’t always the best approach. But if it suddenly gaped up into the hundreds of thousands and I wasn’t all in., then I’d almost never forgive myself.
I truly believe that no body knows what the price is going to do (near term) but we all know with 100% certainty that fiats will be printed into oblivion.
So I’m not beating myself up too much 🙂
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Jake Woodhouse · 3w
Not beating yourself up is a key step. It’s ones skills and knowledge that gets you through. If in a state of shame or fear, you’ll make worse decisions
Jake Woodhouse · 5w
Rant very welcome! I tend to ignore this kind to announcement in favour of focusing on what I want to build