Damus

Recent Notes

su-do profile picture
New bitcoin privacy protocol just dropped

Shielded Bitcoin uses “shielded notes” and “PIPEs” to make larger private payments.

Not meant to compete with L2s such as Lightning and Ark for frequent, smaller payments.
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su-do profile picture
If you've bought Bitcoin through an exchange, under the new European DAC8 rules, exchanges will have to report your crypto holdings to your government every year.

If you don't declare that you hold BTC, the fine can range from 3% to 15% of the value of your Bitcoin for each year
su-do profile picture
Holding
$BTC
in Italy is becoming quite a challenge.
The state attack is in full swing:

33% capital gains tax if you hold bitcoin
26% capital gains tax if you hold a bitcoin ETF
0.2% annual tax on unrealized gains if you hold bitcoin directly

They really want Italians to dump their hard money and buy paper Bitcoin instead.
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su-do profile picture
I took Bitcoin's most famous sentence — the one Satoshi embedded in the Genesis Block (Jan 3, 2009):
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
...and used it as a brainwallet seed (SHA256 → private key → pubkey → addresses).
Legacy P2PKH addresses
su-do profile picture
17 years of #Bitcoin Core, animated.
48,700 commits, 800+ contributors, ~3M lines of code, all growing from a single genesis commit.

And the orange strip at the bottom? That's Satoshi ~111k lines, the foundation everything else was built on. 🟠

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su-do profile picture
Everybody is a cypherpunk until their coins get stolen.

Then it’s suddenly “call the police,” “the state should do something,” “this is theft.”
Your bitcoin is not yours.
You only control keys.
Whoever can spend it owns it.

Bitcoin does not care about your fiat morality.
Few.
su-do profile picture
Blockstream deserves to fail. Mao is a scammers, we all know this. He just got a free pass from "" the community "" because he works with Back.
su-do profile picture
Luis Sepúlveda’s Diary of a Sentimental Killer is such a tiny book with a great story.
Highly recommend if you just want a good time.
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su-do profile picture
Bitcoin survived:

A hardware device hack

Several layer 2 hacks

A liquid network hack

A soft fork

A hard fork

And the price went up????

Bitcoins new floor is in

Incredible 🚀🚀🚀
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su-do profile picture
#Europe is full of illegal migrants wreaking havoc, rape, theft, violence, and our governments do nothing.

Our #US allies have an 80-year-old dumb dude in the White House, and a mother who killed her 3 children just came one juror away from walking free.

How did we end up here?