Damus

Recent Notes

johnBTCdoe · 43w
A recap of the OP_RETURN "debate" ------ Core: Filters don't work. Bitcoiners: They obviously do, otherwise you wouldn't need to remove them. Core: We don't have the technical means t maintain them...
Shawn C. profile picture
Thanks for this summary, very informative. It makes sense that any identifiable group that could change Bitcoin would come under the temptation to cash in to a deep pocketed group like the shitcoiners, who have netted billions running an affinity scam around Bitcoin.
We should do a fundraiser for the Knots dev!
bitcoinlimit · 45w
Soon you’ll see ppl posting silly charts on twitter calling 140k–150k the cycle top. Ignore them. We’re going much higher, in my opinion. 🫡
Shawn C. profile picture
There is so little Bitcoin being mined now that the 4 year cycle may not be a valid prediction paradigm. When an ETF can ape in or out of the market with the equivalent of six months worth of mining in a week, it seems that the change in stock from mining may be trivial in comparison. Or maybe not, who knows?
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bitcoinlimit · 45w
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Laser · 61w
In my previous neighborhood I made the mistake of attempting to convince some neighbors to study #Bitcoin. Needless to say, they were unable to be discrete and the entire neighborhood came to know my...
Shawn C. profile picture
I have also transitioned from orange pill proselytizing to gray man mode. If they didn't listen to me the first time, they are too blue pilled to trust now. We will hear about a high dollar amount $5 wrench attack in the media in the next few years, probably. I am a small fish, but why take a chance?
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jimbocoin 🃏 · 61w
Why is no one talking about the new IRS guidance? https://bitcoin.tax/blog/irs-rev-proc-2024-28-preparing-2025-crypto-reporting-requirements/ #Bitcoin
Shawn C. profile picture
We need to push as hard as we can once Trump is in office for a legal change where Botcoin is recognized as a currency, making it immune to capital gains taxes. Otherwise the drive to make users self- dox and pay tax on every transaction will only increase. I think ecash on top of Bitcoin is another viable solution.
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jimbocoin 🃏 · 61w
This is the real test of how pro-American Trump really is. The status quo thing would be to ratchet up the requirements to make Bitcoin as hard to use as possible. If Trump really wants to help Americans, here’s his chance.
Guy Swann · 74w
Yeah. I’ve just been using Alby recently but I send it out really quickly to Phoenix.