Damus

Recent Notes

garyj profile picture
Saylors debt pyramiding of bitcoin is safe because "the debt is not collateral and its zero coupon". What ?! Has he discovered a perpetual motion financing machine ? Even if the debt is in the name of MicroStrategy , what do you think happens to MicroStrategy equity if we get an 80% drawdown of bitcoin like we've have in every other halving cycle ?
note1fk0us...
garyj profile picture
dumped amethyst for primal. So far so good. Got tired of amethyst censoring. One caveat, it may have been a relay doing the censoring, but there are more than one of those, so I doubt it. . If you are going to censor then you can go and pound sand. The network will route around you.
ODELL · 78w
SIGNAL IS MORE SECURE THAN MOST ALTERNATIVES. IF YOU ARE A TARGET, GOVERNMENTS WILL COMPROMISE PHONES, AND EVERYTHING ON THEM. THIS IS WHY SIGNAL AND SIMPLEX HAVE THE AUTO DISAPPEARING MESSAGES FEAT...
garyj profile picture
i degoogled my phone, as far as I could possibly go, with ABD. Now signal is complaining it cant find playstore. I uninstalled signal. Simplex is fine.

There is one big problem with open source and central servers, you can never tell if there are asynchronous offline , non open source processes that are harvesting server data and analysing it. If you cant run your own server, then maybe find an app where you can.
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garyj · 77w
typo : ADB
note1sgxhh...
garyj profile picture
An 80%+ drawdown and margin calls would mean assets must be sold to meet the call and MSTR would be shaken out of their BTC holdings. That would materially impact the stock price by a balance sheet impairment both directly from a BTC fall and having to sell other assets to meet the margin call.

Saylor is far more intelligent than I am, so maybe he has it covered, but I've seen legions of so-called geniuses wiped out in the markets by overextending debt in the face of volatility.
garyj · 78w
Is the amethyst client censoring my posts again ? Maybe its one of the 4 or so relays. Lol! Whatever it is, nostr is a joke. DHT Mainline protocols and proper decentralization and should solve this train smash.