Damus

Recent Notes

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"BTC-only" is correct 99% of the time. But being right for the wrong reasons 99% of the time means that 1% of the time you throw the baby out with the bathwater - a catastrophic result.

If the heuristic keeps you safe as an individual but collectively guarantees the worst possible outcome, your heuristic isn't safe. It's an extinction cult.
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In 2026, "permissionless DeFi" means chasing single digit yields while risking 100% loss because freedom.
❤️1
Stark profile picture
Wow I can't believe someone invested six months worth of effort and $1MM of their own funds to steal $238 Million from Drift.

Or

Wow I can't believe devs installed random stuff from third parties on the same devices they used for a $500MM multisig.
Stark profile picture
When your brain is flooded with ambiguous, high-stakes data, the mind rapidly reinterprets the strange lights, shape, or motion as something familiar and less worldview-shattering such as a weather phenomenon (safe natural explanation), because accepting the truly alien would demand far more cognitive and emotional effort than pattern-matching it to known categories.