Damus

Recent Notes

Zsubmariner · 1w
I agree, it's a steep hill. But if we fail, it will be on execution (my fault) and the next team will have to crack it. At the end of the day, either the cypherpunk thesis was wrong, or we still need a general-purpose personal cryptosystem that regular people can actually use. Steep hill or not, ...
Ava · 1w
🙏🏻💜
Zsubmariner · 1w
It expired last night. Fixed. Thanks for the report.
BitcoinSafariTz · 131w
Thanks for the point of correction
WBTM · 131w
#Bitcoin tourists think that when the sentiment is bullish is an always ascending line. What they never learn because of lack of reading #proofOfWork is that the ascending process is not smooth is typ...
⚡DiedOnTitan⚡ profile picture
Video had me until “Ethereum”.
It’s Bitcoin. Not crypto.
Bitcoin will eat crypto first. Then fiat.
"smart contracts”? That’s an app for Bitcoin. RIP Ethereum
“privacy”? That’s a side-chain for Bitcoin. RIP Monero
“Fast and scalable”? Lightning et al solves this… RIP Litecoin

Once the king of “crypto” is indisputably crowned, all other shitcoins die.

And while on a rant - for anyone who bought theSpot Bitcoin ETF - this is simply Wall St. hooligans in nice suits wrapping this technological phenomenon in fish wrap, pressing it in and trying get a good mold of Bitcoin, removing it - but transferring some stink first, and then taping up the fish wrap, stamping an IOU on it, and then selling these to suckers. Don’t worry. The suits have your bitcoin, your fish wrap may or may not be redeemable for fiat some day - at a price determined by the holder of the asset (not you, you get a ticket). But one thing is certain: will never ever see the underlying asset. NYKNYC. And therefore you fail to understand the very thesis of the investment in the first place…but I digress.

Unlike gold, which often does not require physical delivery - which leads directly to hypothecation, Bitcoin ownership is sublimely, thermodynamically and cryptographically secure and transferable over a communications channel.

Bitcoin will become: Global Base Money™

When? Hard to say. Stay humble. Stack.
2🤙1
Saberhagen The Nameless · 131w
Any day now. Bitcoin maxis like to constantly tout network effects every chance they get, but pretend it doesn't cuts both ways No one uses Bitcoin for smart contracts, they use Ethereum No one uses sidechains(mostly vaporware) like Liquid for privacy on DNMs, they use Monero No one uses Lightning ...
freeborn | ἐλεύθερος | 8r0gwg · 131w
"What's bitcoin up to now?" ❌ "The dollar is down to x sats." ✅ "How much USD per bitcoin?" ❌ "How many sats can I still get for a dollar?" ✅ https://image.nostr.build/d1044345143d8eb3d045...
⚡DiedOnTitan⚡ profile picture
I would go a step further. Sats are the numerator. Fiat is lower value, therefore the denominator. You are on the right track. Let’s say it like this:

1000 sats = USD $0.43

"You can buy 1,000 sats for 43 cents.”
💯1
Alby · 132w
Hey, We're trying to maintain the most up-to-date and interesting list of various "LN apps" (Lightning and Nostr web apps) that can be used with Alby, calling it our [Discover Page](https://getalby.c...
⚡DiedOnTitan⚡ profile picture
While I don't have a reco, I am starting to explore this space and will come back here if something interesting emerges in my travels. Also, found a typo on the /discover page. "Easily find places to spend sats anywhere on the plant". Should be "planet".