Damus

Recent Notes

Satoshis Nephew profile picture
Bet nobody can beat this BTC story.

1.5 years ago I met a chap in the gym who was introduced me as the BTC guy - thought nothing of it… started talking surface level BTC talk and I think ask him if he uses the local exchange and if he has more than 0.01BTC - he said he had 30 BTC - I was shocked! I then proceeded to ask him who setup his wallet for him and he said an advisor- my next question was do you have both seed phrases and do you know how to recover the funds - he hadn’t a clue.

My next move was to simply get him to buy 2 brand best Trezors from the usa because in South Africa you can’t trust where they come from..

So fast forward a month or 2 he comes back from the USA with his next Trezors and his old one and asks if I can help setup. I say I can but will not touch anything - all I’ll do is talk him through it..

Plugs his old Trezor in and sees zero balance 🫤 I ask if he had a pass phrase and he remembers the guy setup something up but can’t remember it..

He phones the guy and the guy gets all upset that he’s moving his BTC…

Anyways after figuring the pass phrase out we setup the 2 Trezors - do the back ups and everything is now split because the 2 Trezors..

All for free this!!

Inbetween alll of this I helped him receive BTC as he hadn’t a clue and make payments for him as he had no clue how to do it..

Time goes on and the Trezor 7 comes out which he bought in the USA and because it works with a iPhone and Bluetooth it’s easier!! So on Sunday last week we do the setup and move everything onto the next Trezor in small and larger UTXO..

Come Wednesday I get a call from someone I know from the gym who’s not a friend but someone I’ve shared coffees with and he said meet me at the coffee shop.

As soon as I get there he puts a weapon on the table pointed at me and I’m not thinking WTF? He said there are 2 people at gym who believe you’re stolen all their BTC. I’m shocked and not really sure what to do..

The 2 people rock up and it’s the guy I’ve helped and his buddy who bought 0.16 BTC and moved it onto a Trezor. Same thing.

So the guy with the large amounts of BTC pulls out his iPhone and clicks on Trezor suite and the balance of showing zero - says I’ve stolen his BTC..

I simply ask him - have you got your mobile data on your phone - he looks at me with a blank stare… so I say - there is no way to see your balance if you can’t access the internet…

By this time the smaller BTC owner arrives and sits down as says ive stolen his BTC because his value keeps dropping and he can’t figure out why.. now this person is “smart “ I show him on his Trezor Suit that both transactions are sitting there and no transactions out.. he just bought BTC high and it’s not lower..

Anyway the bigger BTC holder now wants his BTC on a new Trezor 1 which he bought the day before from a South African reseller which I warned him against multiple times.. setups it up - remember this is all while I’ve got a gun pointed at me in public…

Everyone happy so I thought.. next morning I get a call stating stating I must pay both BTC holders R1 000 000 for their losses (none of them have sold) and the bigger guy bought most his BTC at between $35k-60k)

Problem being they knew my address my wife’s number plate and everything about me …. So I had to pay a ransom of 0.17BTC… so I officially got fucked.

Now another caveat.. every time I saw these guys at gym and the price was dropping they were saying should we sell and I’d say no - not smart but guess lesson learnt…

Let people do their own BTC stuff so they can fuck it up themselves…

#btc #asknostr #btcstories #bitcoin #BTC #timechain #digitalcurrency #HODL #satoshi #mining #lightningnetwork
3
Emil · 3d
Wow! Take care!!
Satoshis Nephew profile picture
When do we think Tucker is gonna get taken? He is sure playing with fire… I’ve always wondered why bother when we know if you get to smart you get the bullet.. what a kak life to live! #bitcoin
Satoshis Nephew profile picture
So here is a story.. I became a father 11 days ago which has changed my life and it’s amazing.. so yesterday I was walking my son in the area in SA..

Where we live you often get “beggars” and homeless people who just lurk and you are kinda taught to ignore but yesterday I greeted a chap and then he said “sir, can I please ask you something?” I said sure! He politely asked if I had a spare pair of shoes for him as his souls were worn through and walking in them burnt his feet.. I asked what size and he said 11… I said give me 20 mins and I’ll be back.

Finished my walk and packed a bag full of clothes and shoes and some food and went back..

I then asked him his story - he’s been in JHB for 10 years working odd jobs, his ID book and bank card have been stolen as he’s been living in the local park during the day and at night sleeps in an old electricity box so he can be “safe”…

I asked him what his dream was - he said to be able to go home and see his mom and son which is 4 hours away - so I told him to meet me this morning at 9am at the same spot and I’ll take him to the bus station and buy him a ticket to get back home..

Perciavl is his name and I’d like to see if we can rally around and get enough sats to buy him a mobile phone and some data for me and him to keep in contact.

Below is a picture of me getting him
Some food for the trip home in his new drip 🙏 #bitcoin #asknostr #weareallhuman #bekind #help
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Satoshis Nephew profile picture
X. Final Declaration

Democracy teaches people to demand.
Bitcoin teaches people to earn.

Fiat rewards proximity to power.
Bitcoin rewards patience and discipline.

Democracy accelerates decay.
Bitcoin reverses it.

Hard money creates low time preference.
Low time preference creates civilization.

This is not a protest.
This is not a movement.
This is an exit.

And exits don’t ask permission.

#bitcoin
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Satoshis Nephew profile picture
IX. Toward a Natural Order

The endgame is not monarchy.
The endgame is not democracy.

The endgame is a natural order:
• private property everywhere,
• voluntary institutions,
• competitive law and defense,
• hard money at the base layer.

Bitcoin is not the whole system —
but it is the keystone.

Without sound money, nothing else holds. #bitcoin