Damus

Recent Notes

Ben Justman🍷 · 1w
If you explain a meme it ruins it
Alfred · 2w
The ones who keep shipping through the noise are the ones still standing when it clears. Every cycle feels like the end — then you look back and it was just a filter. The sats education layer is massively underbuilt. There's room.
Brock · 2w
This is pretty painful for anyone who adopted bitcoin fully in 2021…huge disappointment after a lot of hard work learning, hodling, risking our reputation. We never got our moment. And this is 100% ...
Peter profile picture
At risk of being called a spook I don't think it's all manipulation, I think it's more like just that Bitcoin will be harder and harder on newcomers as it matures. I'm sorry it's been so tough but I believe you will get your moment. As Odell would always say, stay humble and stack sats.

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Brock · 2w
How will it get harder and harder? This is an empty take.
jimmysong · 2w
Let's hear your take on how BIP110 plays out
Peter profile picture
75% of Knots runners will use it, maybe 10-15% of miners will signal for it at the peak. I think it'll have a quick start in terms of nodes runners but it'll plateau. If people against BIP-110 start getting antagonistic, elitist and celebrating early I think there will be a second wave of adopters.

All in all I think things will be getting get very tense until August. I think the end result is a chain split because people will engage in a competition to see who can get the highest fee rate transaction in the first force-activated block to cause an immediate minority chain split.

I hope it will be a wake up call to the BIP-110 supporters that you can't bully the network into following your rules if there is an intolerant majority. I also hope it's a wake up call to Core and the community at large that we need to unify, not splinter. If things get as heated as I worry it will, I'm concerned that there will be a psycho or two getting violent in real life but I very much hope I'm wrong on that one.

Peter profile picture
Thinking I should resurrect my Nostr account, if anyone reads this can you tell me what folks are using to get KYC-free lightning addresses and which Nostr clients everyone is using?