Damus

Recent Notes

Avi Burra · 94w
👀 are you open to reviewing the script when it’s ready?
ChoCho profile picture
Laid off and dabbled in shitcoins for the first time out of desperation. The culture is just as disgusting and immoral as I could have imagined.

I thought at least that they would be convincing themselves that these things are legit. From my brief experience almost all know they are gambling and rugging.

It’s amazing what having children will do to your moral elasticity in a pinch, but I had to stop. Made me sick to my stomach.

I can’t really describe how much I detest shitcoinery. Seeing it from the inside made that even more potent.
ChoCho profile picture
If the Biden administration were smart, they’d take a Bitcoin maximalist stance to differentiate themselves from shitcoining crooks
ChoCho profile picture
Trump voters aren’t cultists as a rule. But a meaningful percentage of them might as well be.

Bitcoiners are about to vote for a man who is being advised by Bitcoin Magazine, who would love nothing more than to transform BTC into a shitcoin. I’m not confident the cypherpunk ethos can survive his gaggle of retards.
ChoCho profile picture
An out-in-the-open CBDC will not happen in the United States.

To fend off Bitcoin, they are either going to either 1) point to Eth and market Bitcoin as the currency of criminals and foreign adversaries. or 2) let the rest in, flood the market with shit, and create a maze economy filled with competing privatized garbage.

The darkest times are ahead.
1
ChoCho · 99w
The ETH move was a power play by the banks. This is their chance to take back control of the future.
ChoCho profile picture
I just watched yet another Bitcoin vs gold debate. Everyone, including Saylor, seems to not yet have a simple, easily understandable explanation for the inherent utility of Bitcoin in comparison to the inherent utility of gold, or its nature as a true commodity.

To me, the answer is simple.

The timechain is the commodity. And the salable good of the timechain is truth.

Truth. Unalterable, unquestionable truth.

And in a world where truth is becoming much harder to come by, it will become more valuable.

Every transaction on the Bitcoin network is recorded on this timechain, verified by thousands, and locked in. It can’t be changed, it can’t be tampered with. That’s not just a tech feature; it’s a revolutionary approach to recording history itself.

Gold is valuable, yes, but it can’t tell you its own history. It can’t prove its purity or its path from the mine to your hand. Bitcoin can. Every sat has its place in the ledger, its proof of existence and movement, and it’s all verifiable.

In an era where the truth is not just golden but essential, having a system that guarantees it with mathematical certainty—that’s a commodity beyond value. It’s the new gold standard for the digital age. And as the world grows more complex, the value of something as simple and solid as truth? It’s only going to go up.

So, the next time you find yourself in a debate about Bitcoin’s value, just remember: in our world, truth is the currency, and Bitcoin is the mint.