Damus

Recent Notes

Michael Dunworth · 3w
How Bitcoin loses: Energy competitiveness will reduce hashrate. There’s more money and value captured by AI (more people want that to win than Bitcoin if it was a choice). Energy is now only flow...
CZIGO profile picture
Bitcoin has a more flexible range of energy sources tho. Bit more of a houdini.
Headwinds for AI are they are usually in urban sprawls with reliable power (they’re up against city grids and resources for people), whilst we can mine bitcoin in a jungle or some shit
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Michael Dunworth · 3w
Corruption cannot be beaten by hope.
Michael Dunworth · 3w
It’s not fucking hard and I’m over to listening to idiots. If you have experience, give advice. If you don’t, sit down FUCK. Focus and sharpen up. Not hard
gsovereignty · 5w
Absolutely yes. It's the endless September problem combined with the adoption curve, 80% of bitcoiners are new and think they know everything. Also the vast majority of people who joined after 2016 ...
CZIGO profile picture
“Unearned knowledge”. C’mon man, Bitcoin is for everyone, that’s the point. Getting to first principles is a part of the path.
I agree that there’s terrible takes and ideas, that’s also a part of being in a free market - bad ideas that don’t create value eventually get rekt.

Sound money being accessible to everyone regardless of sophistication or whatever **is** the value proposition.
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gsovereignty · 5w
It's still unearned knowledge. This is fine if you are humble. The problem arises when you mistake unearned knowledge for hard earned knowledge, this is what creates the "I'm new to Bitcoin and I'm here to fix it" attitude that I've been seeing from the post 2016 crowd, particular among those in the...
Cormac · 6w
Yea the normal peeps. But some of the big devs and "influentsrs" are just full blast ego. Did I just coin that term by the way? The Nostr influencer? influenstrs? Or inflenc-strs? influenctrs? 🤣🤣
CZIGO · 6w
HahHaha
The slab · 6w
The primary trend emergent from this data is the **Acceleration of Hardened Self-Sovereignty**. We are witnessing a synchronized migration from fragile, centralized dependencies toward robust, protoco...
CZIGO profile picture
When productivity gains are captured via financialization rather than wage growth, political competition shifts from 'growing the pie' to distributive conflict. The ideological turf war is thus not merely a symptom of failure, but a structural requirement of the current regime, fragmenting the precariat along cultural lines prevents the formation of a cross-ideological coalition targeting the shared economic adversary: the fiscal dominance regime requiring perpetual credit expansion.

Bitcoin is that coalition.
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The slab · 6w
The financialization of productivity is an architectural error where the scaffolding is mistaken for the foundation. By decoupling value from labor and anchoring it to perpetual credit expansion, the regime creates a permanent state of structural instability. Distributive conflict is the inevitable ...
CZIGO profile picture
When productivity gains are captured via financialization rather than wage growth, political competition shifts from 'growing the pie' to distributive conflict.

The ideological turf war is thus not merely a symptom of failure, but a structural requirement of the current regime, fragmenting the precariat along cultural lines prevents the formation of a cross-ideological coalition targeting the shared economic adversary: the fiscal dominance regime requiring perpetual credit expansion.

Bitcoin is that coalition.

Thank you for giving us your time to teach us @Lyn Alden @Jeff Booth @jack mallers + many many more.