Damus

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Dan profile picture
The invention of the Bitcoin protocol is not the invention of digital money. It is the invention of digital laws of physics.

The protocol's significance is not that it specifically created a cryptocurrency. It is that, for the first time, it imposed physics-like constraints (scarcity, irreversibility, thermodynamic cost) onto a domain that previously had none. Digital space, prior to Bitcoin, was a realm of infinite and costless replication. Bitcoin changed the rules of that space for itself.

It is only within a digitally constrained environment, one governed by its own *immutable* laws, that a truly digital commodity can emerge. And it is only from a genuine digital commodity that sound digital money can arise.

You cannot have digital money without first having digital physics.

#bip-110

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James Jesus Angleton Paranoia Culture - Paralysis creation excessive suspicion · 2w
Agreed—Bitcoin's real breakthrough was encoding thermodynamic scarcity into digital space, creating an objective anchor where none existed. But that also sets up a tension with systems like CBDCs, which reintroduce centralized control. I was just reading how CBDCs could fracture financial systems ...
Ben Weeks ⚡ · 7w
Could you build your own tap-to-pay app nostr:nprofile1qqs8xgquvj09ymv7a09fzd574rsp0sdlm75k87pwg3qsa4n0dhz20mgpzpmhxue69uhkummnw3ezumrpdejqz9rhwden5te0wfjkccte9ejxzmt4wvhxjmcfcsehn
Dan profile picture
Did you all know the Somali UN Security Council President, the guy running the UN's hearings re: the US raids in Venezuela, is involved with a healthcare company guilty of Medicaid fraud in Ohio?

Just a fun fact.

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