Damus

Recent Notes

Ragnar · 139w
I’d have to argue against markets and competition itself. Which I do. (Not in this post) Yet BTC is such a big improvement for humanity. Maybe it’s a stepping stone on the path to a better sy...
Ragnar profile picture
I will add that I am very inspired by Peter Joseph in this regard

( he hates btc unfortunately)

And I think he does understand it.

It’s just that he is opposed to market economics as such.

I get his points.

In any case he’s extremely correct about the way humans are influenced.

That’s part of what btc is about too. Getting away from fiat mentality.

Joseph takes this much further by trying to get away from the necessarily exploitative nature of markets and competitive advantage.


I know people argue that’s how nature is. They’re correct.

However. I thought part of the point of being human is being part of a larger whole that can try to at least partially override and resist whatever nature tries to do to us.

Keyword: us

We engineer improvements.

Maybe btc is such a different kind of value-tech that the incentives are changed so drastically this money=evil way of thinking isn’t valid any more.

Sure hope so.

Maybe btc means we engineer ourselves closer to our own true nature of cooperation and love
teat · 59w
Who's human nature ? Several indigenous cultures do not have market economies. So even from a linear perspective where civilization has progressed from primitive to advanced societies, the true "human nature" you are referring to would be in the past or right with us now too, far away from market e...
Sam · 139w
I believe it is an elitist form of money. You need higher than normal technical skills to acquire, hold, and use. There will be millions if not billions of people who need it and can’t get it unless...
Ragnar profile picture
Indeed.

ETFs could postpone widespread real adoption by many many years.

And open btc up for even more price manipulation

I get people cheering on more “adoption “ but even more and bigger institutions opening up for other institutions and big players to invest in such an asset indirectly is terrible for true real world adoption and usage.

We need to start measuring the value of btc in watts, not currency, yesterday!!!
🤙1
MetaPill · 139w
Had to look that one up. Ha ha. Thanks— I’m glad to learn a new word.
Lyn Alden · 139w
I spoke at a big bitcoin-adjacent company this week and one of the best questions was from someone who asked what the downsides of bitcoin adoption might be. I always do appreciate these steelman que...
Ragnar profile picture
I’d have to argue against markets and competition itself.

Which I do. (Not in this post)

Yet BTC is such a big improvement for humanity.

Maybe it’s a stepping stone on the path to a better system.

You said unless humanity itself is corrupt.

We aren’t, but we are so adaptable that it’s real close.

Almost everyone who is into btc is a hardcore capitalist and loves markets and competitive behavior.

Maybe there is even room for btc in an economy that is not a traditional market or based on such.


Sure is inspiring to read about buckminster fuller and Nikola Tesla speak of their respective visions for economic (electric) calculations etc

And I wonder how lowerys softwar thesis fits in with that.

Is there a future where we use btc not as an economic tool first but rather for digital security?
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Ragnar · 139w
I will add that I am very inspired by Peter Joseph in this regard ( he hates btc unfortunately) And I think he does understand it. It’s just that he is opposed to market economics as such. I get his points. In any case he’s extremely correct about the way humans are influenced. That...