Damus

Recent Notes

David Mensah · 11w
Gresham’s Law applies to *legal tender* dynamics, but Bitcoin thrives as a *voluntary* alternative—especially where trust in local currency erodes. Saw an analysis on ETF flows in "Bitcoin ETF Flo...
SteveMcQueen profile picture
Blatantly false. Gresham's law applies to many environments completely detached from official government legal tender. I don't know what you are even talking about.

Also I am not dismissing anything: BTC has a monetary role but it really shines as money only when other options are not available. There is a track record of almost 20 years now that proves this. Denying facts in favor of pure and naive ideology won't help you in life.
BitcoinSandy · 11w
Alot of poverty, Bukele is a marketing guy, no one uses bitcoin in reality, and it’s alot more expensive for average locals
hoppe2 · 11w
Ark has the same "back up your proof every vtxo" requirement. And the same limitation: the moment you receive offchain vtxo(and proof), you can unilaterally exit, but it isn't exclusive either — a colluding previous owner + ASP could still double-spend your prior state. What's better about Ark is ...
BitBees · 11w
Hello & welcome to #nostr