Damus

Recent Notes

Legion XXI · 1w
Should be measured against another store of value like gold not a depreciating fiat like the dollar though.
Myu Lansky  profile picture
Measured against gold, Bitcoin has been in a bear market because the BTC-to-gold ratio has been trending down, meaning one Bitcoin buys fewer ounces of gold over time. That relative peak occurred in late 2024, after which gold consistently outperformed Bitcoin. This downtrend has persisted for over a year, meeting the definition of a sustained relative bear market even if Bitcoin’s USD price held up at times. In other words, stripped of fiat debasement, gold has been the stronger store of value during this period.
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Myu Lansky  profile picture
Tell me your thoughts on this hypothesis. The long‑term 200‑week average is like Bitcoin’s gravitational pull — price may gyrate violently above and below it in the short term, but historically cycle bottoms form around it. The fact this cycle’s retracement has hugged that line — rather than falling far below like deep panics of old — suggests you’re not seeing a broken cycle, you’re seeing a different flavor of correction. No euphoric top, shallower retracement, but still respecting long‑term structure. #Bitcoin #StackSats #ChangeTheMoney
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Legion XXI · 1w
Should be measured against another store of value like gold not a depreciating fiat like the dollar though.
Myu Lansky  profile picture
A lot of people don’t feel “angry” so much as disconnected right now. Groceries are eating up household budgets, eating out has become a luxury, bars and restaurants are empty, and yet we’re told inflation is low and the economy is strong. That disconnect matters. When people no longer believe that working hard, budgeting responsibly, and playing by the rules will translate into a better life, they stop feeling invested in the system itself. You can handle hardship; it’s much harder to handle being gaslit while living it.

The danger isn’t immediate chaos — it’s quiet withdrawal. Families cut back, stay home, lose trust, and disengage while institutions insist nothing is wrong. Previous generations benefited from a system that rewarded stability and shifted risk abroad; today’s families absorb the volatility and are told to simply try harder. Desperation doesn’t always look like riots — it looks like people checking out. And when enough people stop believing the system works for them, the long-term consequences are far more destabilizing than any short-term crisis.

This timeline is getting more and more interesting.

How can we prepare for what’s ahead?

#Bitcoin
Myu Lansky  profile picture
The Complex Legacy of Ancel Keys’ Seven Countries Study

In the mid-20th century, Ancel Keys’ Seven Countries Study was groundbreaking, proposing a link between saturated fat intake and heart disease. However, over time, it’s become evident that the study may have been influenced by confirmation bias. Keys focused on countries that supported his hypothesis, while overlooking other populations where high saturated fat diets didn’t lead to heart disease.

In contrast, researchers like Weston Price, George Mann, and Vilhjálmur Stefánsson demonstrated that traditional, animal-based diets, rich in healthy fats, could support vibrant health. These cultures, free from refined sugars and processed foods, exhibited low rates of chronic diseases. Their findings underscore the importance of whole, unprocessed foods in promoting long-term health.

In essence, while the Seven Countries Study laid the groundwork for dietary guidelines, it’s crucial to consider the broader picture. The work of Price, Mann, and Stefánsson reminds us that diet is complex, and that the quality of food matters just as much, if not more, than the macronutrient composition alone. #FiatFood
Myu Lansky  profile picture
Eudaimonia: The Ancient Path to Flourishing vs. Modern Pursuit of Instant Gratification

In the heart of ancient Greek philosophy, the concept of eudaimonia represented the pinnacle of human existence. Often translated as “flourishing” or “living well,” eudaimonia goes beyond mere happiness. It’s about living in accordance with virtue, realizing our potential, and cultivating a life of moral and intellectual excellence.

However, in today’s fast-paced world, it often feels like the focus has shifted. Many of us chase immediate pleasures, quick comforts, and instant gratification. This high time-preference approach often prioritizes short-term enjoyment over long-term fulfillment.

While the pursuit of pleasure isn’t inherently bad, it can sometimes lead us away from the deeper, more enduring satisfaction that comes from eudaimonia. By embracing a life of virtue, purpose, and growth, we can cultivate a more meaningful and fulfilling existence—one that transcends fleeting moments and leads to true flourishing.
Myu Lansky  profile picture
Everything in the world either gains from volatility—or is destroyed by it.

As Nassim Taleb explains in “Antifragile”, most things fall into one of three categories: fragile, robust, or antifragile. The fragile break under stress (think glass or rigid systems). The robust endure stress without change (like a rock). But the antifragile actually benefit from disorder, shocks, and volatility—like muscles that grow stronger after stress, or decentralized systems that evolve under pressure.

Volatility isn’t just chaos; it’s a test. Whatever can’t adapt, breaks. Whatever can withstand, survives. But what loves volatility? That’s where growth lives.

If you want to thrive long-term—in health, finance, work, or life—build for antifragility. Seek the volatility others avoid. Let randomness be your training ground, not your enemy.
Myu Lansky  profile picture
Value is subjective.

There’s no such thing as “inherent worth.”

Everything is preference — yours or someone else's.

If you don’t define what matters, the system will do it for you.

Every choice has a price.

Every scroll, every fiat purchase, every wasted rep…

You’re bleeding opportunity cost.

You’re paying in time, energy, freedom — and getting nothing back.

If you don’t choose your values, you’ll live by someone else’s.

Their rules.
Their priorities.
Their outcome.

Sovereignty means deciding what matters now — and having the spine to live like it does.

If you're not willing to sacrifice for your own path, you’ll be sacrificed for someone else’s.

Get ruthless.

Audit your values.

Kill your distractions.

Pick the thing that matters — and sacrifice for it. Because if you're not in control of your cost...you’re not in control of your life.

Stack purpose.
Guard your time.
Move like it’s scarce — because it is.

#SovereignOrSlave #TimeIsTheAsset #OwnEverythingOrNothing
#Bitcoin #BTC
Myu Lansky  profile picture
The Influence of Commitment in Bitcoin Adoption 🔐🧠

Commitment is a powerful psychological force — and Bitcoiners know it well. Whether it's making that first small BTC purchase or tweeting “I’ll never sell,” every action deepens our psychological attachment. This is “consistency bias” at work: once we publicly commit, we strive to act in line with that identity.

That’s why public commitments, like putting laser eyes on your profile pic or declaring your belief in sound money, matter — they anchor your beliefs and influence future decisions. Even small initial commitments (e.g., downloading a wallet or reading “The Bitcoin Standard”) can pave the way to larger ones — a classic case of the foot-in-the-door technique.

Bitcoiners often go further: written commitments — like posting a long-term thesis or creating content — lock us into a public stance. And that consistent behavior? It reinforces conviction through every bull and bear market.

In Bitcoin, commitment isn’t just a feeling. It’s a psychological mechanism driving long-term adoption.

#Bitcoin #Psychology #Commitment #SoundMoney #BitcoinMindset
Myu Lansky  profile picture
Consistency Beats Intensity – The Bitcoin Way

In Bitcoin, everyone wants to be the genius who times the bottom, buys the dip, and rides the rocket to generational wealth. But the truth is, very few actually do. Why? Because intensity—the urge to go all-in, to catch the perfect moment—is driven by emotion. And emotion is the enemy of long-term success.

Consistency beats intensity. Every time.

The ones who win in Bitcoin aren't the loudest traders or the ones chasing every pump. They're the quiet stackers. The ones who DCA (dollar-cost average) into Bitcoin every week or month—rain or shine, bull or bear. No FOMO. No panic. Just steady conviction.

Bitcoin rewards time in the market, not timing the market. It's not about one heroic buy—it’s about discipline. About showing up again and again, stacking sats like clockwork.

The network is consistent.
The issuance is consistent.
The halvings are consistent.

Be like Bitcoin.

Because over time, consistency compounds. And in a world that runs on chaos, that’s a superpower.

#Bitcoin #StackSats #DCA #LongTermMindset #SoundMoney #ConsistentOverIntense
Myu Lansky  profile picture
Health is the most important asset any Bitcoiner can own—because without it, nothing else matters. You can stack sats, study markets, secure cold storage, and plan for the long game, but if your body and mind break down, none of that will serve you. True sovereignty starts with self-care: movement, sleep, nutrition, and stress management. In a world where decentralization and personal responsibility are core values, taking ownership of your health is the ultimate parallel investment. Protect your keys—but protect your energy first.
Myu Lansky  profile picture
The Power of Aggregation of Marginal Gains

The "aggregation of marginal gains" is the idea that small, incremental improvements in any process can lead to significant overall enhancement when added together. Popularized by British cycling coach Dave Brailsford, this approach focuses on making 1% improvements in every possible area—training, nutrition, sleep, equipment, even how bikes are cleaned.

Individually, each gain may seem negligible. But when combined, these minor adjustments create a powerful compound effect, turning average into exceptional over time. It’s a reminder that meaningful progress doesn’t always require sweeping changes—just consistent, deliberate attention to the details that matter.