Damus

Recent Notes

Joozeph profile picture
Fiat is just a doing great:

Iranian parliament approves currency redenomination - Iran will cut off “0000” from their fiat bills - today 10,000 riyals will become 1.

The rial collapsed versus the US dollar since 2019 (≈27× weaker in the parallel market). Holding BTC would have massively outperformed holding rials (~x890 from early 2019 to today).

Now ask yourself a question: is a 1 day meal, gas tank, or any commodity valued less in Iran vs the rest of the world? This is just syphoning out the value from one society to another… possible just in fiat because of endless printing, sanctions etc.



Joozeph profile picture
As fiat currencies lose value through endless printing (just wait for us fed gov to open again $$$ goes brrr), Bitcoin’s fixed supply shines brighter. When purchasing power drains from fiat, the value naturally flows toward BTC, the hardest money ever created.

#Bitcoin #BTC #SoundMoney #FiatCollapse #Inflation #HardMoney #Nostr
Joozeph profile picture
Perfect money:

✅ durability
✅ portability
✅ divisibility
✅ uniformity
✅ limited supply
❗ acceptability

The last one - btc acceptability - is an indication that we are still early!

There are some signs, e.g. in Kenya, of an increased p2p acceptability. Still in the end the merchants need still fiat to function.

Little strokes fell big oaks.

#bitcoin #p2p #acceptability #perfect #money
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Joozeph profile picture
Why don’t we learn from history?
Money corruption is not new!

E.g. in Ancient Rome, money wasn’t just debased—it was weaponized. Silver coins were gradually mixed with cheaper metals, eroding trust and fueling inflation. Soldiers demanded higher pay, goods cost more, and the empire’s stability crumbled. Monetary corruption hollowed out Rome from within.

#Rome #History #SoundMoney #Inflation #Corruption #HardMoney


Joozeph profile picture
9/22/2025: another DCA - growing my stack slowly but surely

#DCA
#Stack
#ZapLife
#ZapCulture
#PlebsUnite
#ZapBack
#GrowNostr