Damus
Scottish Sats profile picture
Scottish Sats
@Scottish Sats

UK

Relays (6)
  • wss://relay.damus.io – read & write
  • wss://nostr.land – read & write
  • wss://nostr.wine – read & write
  • wss://nos.lol – read & write
  • wss://relay.primal.net – read & write
  • wss://relay.noderunners.network – read & write

Recent Notes

Peter McCormack · 2d
"You can't fix a system problem from the system creating the problem." - nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcpramhxue69uhhyetvv9ujumn0v3jhyatwdejhyuewdejhgam0wf4sz9th...
Scottish Sats profile picture
Peter, what is meant exactly by leaving the fiat system? Being retired means I’m only spending fiat which is our only option in the UK. Moving all in on BTC would creat CGT when spending on bills and living costs. So in effect paying tax twice on income 😳🤔
Scottish Sats profile picture
The massive QE pumps everyone’s been talking about? They’re not happening right now—in fact, most central banks wrapped up or paused the big liquidity injections. The Fed ended quantitative tightening late last year and started some reserve management buys, but it’s not full-on QE flooding the system like 2020. Global liquidity’s actually set to shrink in 2026, not explode.
So why’s everything tanking? It’s a classic liquidity shock from the precious metals crash. Gold and silver had this huge run-up, super crowded bets—then boom, they plunged hard a few days ago. That triggered margin calls, forced selling across the board, and it spilled over. Crypto got hammered, stocks (especially tech) sold off, even bonds wobbled. It’s not “no liquidity”—it’s sudden, panicked liquidity drain as positions unwind.
Markets are in this risk-off mode: investors dumping risk assets, rotating out of over-hyped stuff like AI/tech, and the whole thing’s feeding on itself. Stocks had a mixed week—some days up, but overall pressure from this metals meltdown and macro jitters.
It’s arse about face because the old “print money, prices moon” script isn’t playing out. Liquidity’s tighter than people think, and when leveraged bets blow up, everything falls together—gold, silver, Bitcoin, equities. Not fundamentals, just forced selling.
Give it time—could rebound if the Fed steps in more, but right now it’s deleveraging pain. Brutal, but these shocks usually pass.
Scottish Sats profile picture
Our politicians have lost their way, to much self interest and control and yet they clearly don’t know what they are doing. I feel Margret was the last of the proper politicians.

“All of us in politics have dreams. It is part of mine to give power and responsibility back to people.
Popular capitalism is a crusade to enfranchise the many in the economic life of Britain. That is the kind of society I want to see.”

Scottish Sats · 2w
I think Konstantin needs to join us. But I do understand how he is fighting the fight on the centralised platforms as I believe this is where the corrupt and brainwashed linger.
Scottish Sats · 2w
I see my spelling is still atrocious 🤪delete ‘now’ and replace with ‘know’ 😘
Jeff Booth · 2w
Yes - follow nostr:npub18ams6ewn5aj2n3wt2qawzglx9mr4nzksxhvrdc4gzrecw7n5tvjqctp424. He has some good resources of whats happening here. Still early, but expanding quickly.
Jeff Booth · 2w
Each in our own time.
Scottish Sats · 2w
I have swallowed that pill and I feel I can see clearly now. But it is so frustrating that very few can see the Woods for the trees 😳