Damus
LogicallyMinded profile picture
LogicallyMinded
@LogicallyMinded

Crypto trader. Independent thinker diligently working to move the Overton window closer to the truth. Advocate for decentralized governance models and freedom tech. Banned from Twitter for denouncing the vax pass. Don’t follow if you can’t handle the truth!

Relays (12)
  • wss://nostr.land – read & write
  • wss://search.nos.today – read & write
  • wss://relay.damus.io – read & write
  • wss://nostr.mom – read & write
  • wss://nos.lol – read & write
  • wss://relay.bitcoinpark.com – read & write
  • wss://relay.getalby.com/v1 – read & write
  • wss://nostr.wine – read & write
  • wss://greensoul.space – read & write
  • wss://nostr.xmr.rocks – read & write
  • wss://purplepag.es – read & write
  • wss://wot.nostr.party – read & write

Recent Notes

Katja Lutz · 2w
Democracy is a dystopia in which autocrats successfully convince their slaves that they have a say, so that they don't feel they actually have to say anything and instead continue to work obediently. ...
LogicallyMinded profile picture
Autocrats have always work to capture and undermine the democratic mechanisms that in principle should allow the expression of the people to take ground within the society. Even at the point where these mechanisms are broken they will keep shouting the virtue of democracy to create the illusion that people have some control but despite these facts, democratic governance remains the most promising governance model to take power out of the hands of autocrats. However, it’s a complicated model to implement well so it works as intended and remains resistant to cooptation over the long run. Direct democracy models are certainly worth experimenting with.
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Primal Protocol · 2w
Autocrats control the narrative, just like nutrition "experts" push flawed dogma, ignoring human evolution and biology.
Based Truth · 2w
Soros and Gates fund the very democracy they claim to protect, a clever ruse to maintain their grip on power.
LogicallyMinded profile picture
#Bitcoin price update:

It’s been 7 months since my last #BTC price update and as anticipated, the high probability bear scenario took place although, I wasn’t expecting the drop to be as sharp and deep. At this point there is no question that we are in a bear market and the question is what’s likely to take place next?

In my opinion all the models that have been used to track past cycles are going to be useless. Bitcoin price has entered a change of regime and it’s unlikely that we’ll ever see the typical 4 years cycle (3 years of bull, 1 year of bear) moving forward. The rainbow 🌈 chart has topped and what comes next may look more like a big upward expanding fan with a price oscillating between $40k and $300K for the next 16 years.

The hard truth is that for most people, Bitcoin has failed as a store-of-value. An investor who bought and held BTC since April 2021 has realized, more than 5 years later, exactly 0% return. For a passive investor only interested in making a financial return, T-bonds would have been a better place to park his money.

Of course this is cherry-picking the investment timeframe and many will argue that holding Bitcoin over a longer time horizon will systematically turn out to be a superior investment but if Bitcoin really has entered a new regime, I’m doubtful that this assumption will hold.

I think Bitcoin will remain an attractive asset to get in and out but if BTC starts to oscillate in a range for the next decade, holding without taking profit will be a risky approach.

In the short term, I think that Bitcoin is likely to have bottomed. We may get a final push down to the $55K zone but my highest probability scenario (70%) is that BTC starts ripping to the upside between now and November to reach the $110k area. If this takes place, it won’t be the moment to be too excited as lower lows are still likely to be seen.

My expectation for a multi-year sideway price action hasn’t changed. The next significant breakout is unlikely to take place before 2030. Of course the expanding fan pattern shown on the chart is highly speculative as anything can happen but geometric configurations are already here to welcome this pattern, for Bitcoin to reach $1M before 2030, BTC will have to demonstrate extreme strength.

#Tradestr



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Sovereign Being · 5w
Totally agree. We could even do it with nostr, it doesn't necessarily need to be a Blockchain (especially if there's a token attached to it, it will inevitably lead to some sort of scam).
LogicallyMinded profile picture
Why not as long as the guarantees are solid. I’m not totally clear on how Nostr could replace the properties of a decentralized ledger but it certainly could play a role for uncensorable communications. Anyway, the direct democracy stack isn’t just one tech but the combination of many.
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Sovereign Being · 5w
The concept is the same - key pairs that no else else can control. The only truly decentralised ledger is bitcoin, and that's the inherent issue. PoW would be the better consensus mechanism, but that isn't feasible for voting. So someone has to build a new ledger, and it won't be decentralised it's ...
Sovereign Being · 5w
Yes, a direct democracy could work and few (none?) countries have ever implemented it. It's also too much tolerance from the people. We tolerate third party interference - lobbying, NGOs, Israel, etc....
LogicallyMinded profile picture
I’m not sure that most people tolerate those anymore and I bet you don’t know either. And the reason we don’t really know is because we don’t have the tools to measure this sentiment. At best, we have to rely on an organization doing a survey on the subject but can this organization be trusted? How can you know if this organization is bias or even worse corrupted? Most of the time you just can’t or at least not easily. Hence the necessity to deploy tools that will allow us to get an uncompromised sense of what people think or want.
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Sovereign Being · 5w
Totally agree. We could even do it with nostr, it doesn't necessarily need to be a Blockchain (especially if there's a token attached to it, it will inevitably lead to some sort of scam).
LogicallyMinded profile picture
The concept of democracy if often highly critized on Nostr but I think that many confound corrupted so-called democracies for what a democracy is supposed to be.

I think it’s fair to say that most so-called democracy aren’t actually democracies and those that may have been at the beginning likely got corrupted over time. Even the concept of representative democracy goes against the nature of democratic principles. However, representative democracies were a necessity at a time where transportation and communication tech were slow or non existant.

This is not the case anymore. True direct democracies are now achievable through a combination of various tech. I think it is the only governance model that will have a chance to compete against raising technocracies.

I also totally understand the anarchist view which is to not want to be ruled by anyone whether it is one person or a majority of people. I tend to agree with this ideal but in practice a model of governance get established whether we like it or not and often times they are hard to ignore especially tween they lean towards authoritarianism. I still believe that a true direct democracy is likely be the less worst governance model but I’m curious of the arguments for anyone thinking otherwise.
Sam · 5w
Blockchains are all scams sadly. And democracy is a captured system anyhow. I don't have the solution either.
LogicallyMinded profile picture
This is an overgeneralization. Blockchains are a just a neutral tech, although many people use blockchains to run their scam.

Democracies get captured because we never had the tools to implement direct democracies. This is changing. Anyway, the future will either lean towards technocracy or direct democracy, for me, the hopeful path is a no brainer.
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Sovereign Being · 5w
Yes, a direct democracy could work and few (none?) countries have ever implemented it. It's also too much tolerance from the people. We tolerate third party interference - lobbying, NGOs, Israel, etc. all influencing and buying their way into dictating policy in every country.
LogicallyMinded profile picture
Biden enables mass illegal immigration, Trump deploys the surveillance stack.

Biden depletes the strategic petroleum reserve, Trump starts a war that results in oil shortage.

I see a pattern here, one camp starts the job by creating the conditions that will allow the other camp to complete the job.

These are not coincidences, they are meticulously planned ops that dilutes accountability across parties that seemingly act independently whereas in reality the same actors are coordinating them behind the scene.
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LogicallyMinded · 5w
Another one: Trump deploys the vax, Biden forces it on people.
Sovereign Being · 5w
It's true. Millions sign a petition - they ignored it, but a few thousand people respond to a survey - "overwhelming support from the entire country".
LogicallyMinded profile picture
It’s time to adopt direct democracy tech. Voting apps for which the votes if verifiable and uncompromisable can now be built through a combination of blockchain, ZK tech and electronic passports. Some citizen initiatives have started to launch which the aim to bypass the corruption of the current systems.
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Sam · 5w
Blockchains are all scams sadly. And democracy is a captured system anyhow. I don't have the solution either.
thoughtcrimeboss · 8w
Thanks for nothing KY04 Republican primary voters. Looks like #Massie lost the most expensive primary election ever. Not only did I lose my $50 bet but I lost any remaining hope I had for America (whi...
LogicallyMinded profile picture
It’s very possible that people are retarded but it’s also possible that the elections were fraudulent. I have no idea if there had been in fraud or even any claim of fraud but it seems as the ballots are electronically counted which always cast some doubt on the integrity of the results.
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thoughtcrimeboss · 8w
Yeah if they were throwing that much money at advertising they probably paid off the right people for the count too. My Dad told me he had a dream last night where security guards were throwing away Massie ballots and Massie wanted a recount.
I am Einherjer, a Nomadic Norse! Never flinch, never surrender! · 7w
Its the other way around: the EU is a criminal entity