Damus
parachutesBTC profile picture
parachutesBTC
@parachutesBTC

came for the sats, stayed for the revolution 🔸 filmmaker, business owner, bitcoin educator, new dog dad, husband — reach out to collab on btc projects!

Relays (27)
  • wss://eden.nostr.land – read & write
  • wss://relay.snort.social – read & write
  • wss://relay.plebstr.com – read & write
  • wss://relay.noswhere.com – read & write
  • wss://relay.nostr.wirednet.jp – read & write
  • wss://atlas.nostr.land – read & write
  • wss://nostr.mutinywallet.com – read & write
  • wss://puravida.nostr.land – read & write
  • wss://nos.lol – read & write
  • wss://relay.nostr.band – read & write
  • wss://nostr-pub.wellorder.net – read & write
  • wss://relay.nostr.bg – read & write
  • wss://offchain.pub – read & write
  • wss://nostr21.com – read & write
  • wss://filter.nostr.wine – read & write
  • wss://nostr.fmt.wiz.biz – read & write
  • wss://nostr.bitcoiner.social – read & write
  • wss://nostr.land – read & write
  • wss://relay.damus.io – read & write
  • wss://relay.mostr.pub – read & write
  • wss://private.red.gb.net – read & write
  • wss://e.nos.lol – read & write
  • wss://nostr.wine – read & write
  • wss://relay.primal.net – read & write
  • wss://nostr.oxtr.dev – read & write
  • wss://nostr.onsats.org – read & write
  • wss://nostr.walletofsatoshi.com – read & write

Recent Notes

parachutesBTC profile picture
My wife and I have a new family member

She’s 2, and was abandoned at the shelter in Denver a few nights ago

Now she’s still 2, but adopted, and needs a haircut!

Female, black & grey Old English Sheepdog/Standard Poodle mix 🐑🐕🐩

Name suggestions?

parachutesBTC profile picture
You dedicate 50 hours weekly to your career.

Paycheck arrives: credit cards, rent, bills - most vanishes.

A modest surplus remains, prompting a critical choice; a choice revealing whether you’re someone who knows how to preserve your time and energy… or someone who wastes it.

In fiat monetary systems (the US dollar is one), savings lose purchasing power every day due to monetary expansion.

The Federal Reserve, the Treasury, and Banks collectively create new money out of thin air (their words, not mine) via government spending and bank loans, and this increases the supply of literal US dollars in global circulation.

Basic economics tells us that rapidly increasing the supply of something makes it less scarce and more readily available for consumption, which means it takes a loss in its value.

This is what happens to the dollar: the supply of dollars in circulation is increased every year, and the value of each dollar decreases as a result. It’s rapid dilution.

You can’t add more water to your half empty cup of sweet tea and expect to have an equally strong full cup of sweet tea. You’ll have a full cup of barely flavored tea water. Yuck.

That’s why homes cost $50,000 in 1980 but they cost $500,000 today. The house isn’t worth more, but the dollars are just worthless - er… uh… I mean, “worth less.”

Dollars are not true wealth preservation - they’re rapid dissipation and wasted energy.

Bitcoin, however, acts as a perfect digital battery.

Its supply is fixed at 21 million, which resists inflation, maintaining value over time.

Yes, there’s volatility.

But zoom out and look at the purchasing power of one dollar over 100 years (Google this).

Then zoom out and look at the purchasing power of one bitcoin over its lifetime (Google that, too).

I could do it for you here, but DYOR (do your own research) will build the best, longest-lasting conviction in ourselves. Plus, you seem like an intelligent person.

You’re smart enough to decipher the meaning of this data you will look up, and you’re smart enough to come to your own conclusion. I trust you.

Likely you’ve heard that lately Wall Street bankers, corporations, organizations, states, and even entire nations have been allocating their wealth into bitcoin held in strategic reserves.

Have you considered that they are run by people who are usually rather smart when it comes to understanding money and following strategic trends in the world?

What are they seeing in Bitcoin that perhaps you might have missed?

This is the question I hope piques your interest and curiosity. I don’t want you to look back in 2 years, 4 years, or 10 years and smack your palm into your forehead in frustration for naysaying something that you misunderstood or had a bias against.

Take a fresh look.

Control your bias.

Do your own research.

Ask for help.

Trust the math.

Secure your future.

Allocate to Bitcoin.


– parachutesBTC
(Here to help, always)

If you made it to the end, do me a favor and like 👍 or repost 🔁. It would be greatly appreciated. Spread the message and spread the kindness.
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parachutesBTC profile picture
Trickledown Economics aka Horse and Sparrow Theory doesn’t work, because inflation will kill the purchasing power of these dollars by the time they have “trickled down”

You must protect the value of your hard-earned money. Most people don’t.

What are you doing to protect yours?
parachutesBTC profile picture
Saylor goes off 😳

“You’re getting my perspective on it! Which is that you’re wasting your time criticizing companies that decided they like Bitcoin.

Why don’t you criticize the 99.9% of companies that DON’T LIKE BITCOIN?”

— Saylor on @Danny Knowles WHAT BITCOIN DID Podcast

—-> What are your thoughts on this interview?
parachutesBTC profile picture
Bitcoiners speak of having a "low time preference"

What does this mean?
Do you have it?

Low time preference means someone focuses more on their well-being in the future, rather than the present.

A “tomorrow person”.

High time preference people are more present-oriented and value consuming sooner. They prefer instant gratification and are less likely to save and invest.

A “today person”.

In “The Bitcoin Standard”, @Saifedean Ammous discusses time preference. Sound money holds its value over time, fighting against debasement, which can lower people's time preference and encourage them to save for the future and defer consumption in the present.

Bitcoiners famous saying, “HODL”, is about delayed gratification. Hodling involves ignoring the drama of price charts, and setting your mind years into the future, trusting in Bitcoin's sound money characteristics and the potential benefits that might bring to them, their families, and their communities.

So... do YOU have a low time preference?
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parachutesBTC profile picture
This is how Gen Z and Alpha are learning about quantitative easing and the debasement of the currency on TikTok and Instagram.

You know what. It’s a start. Education is education. I’m ok with it.

Welcome, future bitcoiners!
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parachutesBTC profile picture
Nice job, @Bitcoin Art Magazine team, with your Genesis Edition of the magazine.

Wishing you much success!

I’ll be a supporter.

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