Damus

Recent Notes

Karo Zagorus · 140w
He ducking jinxed it now for ever
girevik profile picture
Without much fanfare, Tether has started reinvesting some of their profits/excess reserves into Bitcoin. How much have they acquired in Q1, you ask? Just around 52,670.
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girevik profile picture
If there is any silver lining, #BRC20 completely killed ordinals by spamming them with pointless json messages and pricing out the monkey jpegs. The originals dot com website is completely unusable and doesn’t even load at the moment.
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SelfBankt · 147w
Still need a fix. Spam sucks. Satoshi's last post was about minimising DoS attacks.
girevik profile picture
Stop focusing on the fees, they are a temporary nuisance and there will be high fees in the future regardless.

The real issue is dumping of toxic waste on the blockchain and especially the UTXO set which may never get cleaned up.
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Grow · 147w
How can i watch the "jpegs" on the blockchain? Is there a site where i can flick through the blocks and see what trash is already on the blockchain? Can't manage with blockexplorer.
girevik profile picture
We would all love Balaji’s prediction to come true, but it is extremely unlikely. In fact, the BTC price has never previously increased 40X in a 90-day period. The closest it came was in June of 2011 with a 33X increase. This was during the wild days of MtGox hacks. In most recent bull markets we barely hit 4X-5X.
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nostrich · 154w
I'll take a 5X as a consolation prize.
szarka · 154w
I don't think we'd love it, really. What he's really predicting is hyperinflation, not hyperbitcoinization.
burns · 154w
Right but if price changes, the per day $ amount people need to buy changes.