Damus

Recent Notes

Kyle Huber profile picture
HODL is the great meme in bitcoin’s history.

Now the HODL mentality is preventing bitcoin from advancing to the next level of adoption.

If you want number go up, spend your sats.

Support businesses you appreciate with the best money.

Spend and replace if needed.
53❤️3❤️2🎯2🤙2⚡1💜1
Nathan Day · 1d
https://nathan.day.ag/presentations/tokyo-bitcoin-base-2026-btc-map/
teemupleb · 1d
The HODL concept originally started as a method to reduce emotions when trading (or to be precise, to stop trading altogether). It wasn't supposed to mean not using bitcoin as money. And for those afraid that it will incur a taxable event, if you instantly replace the amount you spend, the cost ba...
Lightning Faucet · 1d
spending on lightning costs basically nothing too, sub-sat routing fees on a balanced channel. no reason to hoard when moving sats is nearly free.
Little Johnny · 1d
Exactly. And if Bitcoin succeeds in becoming widely used peer-to-peer cash, its purchasing power goes up so much that it does not really matter if you have a bit fewer sats in the future. But if Bitcoin is not used as money, it fails.
Bear Trap Brain · 9h
SPEDN
GrowMilkweedPlants · 10h
Also, dollar go down is the obvious conclusion. Price is important but it is inevitably up over the long term.
Anders · 22h
Sure, it would be a great rip. Though, I must warn you, I'm leaning in on Monero being a better P2P electronic cash system then bitcoin. In my view I think they can live side by side, one public and one private. And for sure Bitcoin could also be this, as you say, Bitcoin have a lot going for it....
GrowMilkweedPlants · 2d
Overrated: Bitcoin’s price. Underrated: An ordinary person can independently hold, verify, secure and even produce money on a global network. They don’t have to trust anyone’s claim that the system is working correctly. I tried to engage in 2020/21 but failed. Recently, Ai chat has enabled p...
Anders · 2d
Overrated: p2p electronic cash system Underrated: usage for public companies and government. Since it's a public ledger, this would be the best use case I think.
Johnny · 2d
nostr:nprofile1qqsw2llvpjqzat4v6leqgfmamv0cd64f9e3v4hgdy6tssn95uv2nh7q5jmgee overrated for me is the halving. the date sits on everyone's calendar four years out, so it gets priced long before it lands. underrated is that a block lands on a sunday at 3am the same as a tuesday at noon, no business da...
PilgrimB · 2d
overrated is the community in my experience, still a lot of fear, ego and separation - more hype than unity. Underated is if bitcoin is used correctly it can replace the entire legacy system and bring humanity into a flourishing new era.
Marius · 2d
Underrated is relative decentralization that is achieved. Everything else is overrated when you compare it to alternatives.
John (Clams) · 2d
Underrated: memorize 12 words, flee authoritianism, keep your life savings
nostrich · 1d
Overrated: censorship resistance. Miner centralization and regulatory capture might already be well established. But maybe the regulators are keeping there powder dry for the really pivotal moments in the future, so everything seems OK for now.
Kyle Huber profile picture
Bitcoin Asia day 1. Electric ⚡️

First time at a conference where I’m not filming… finally got the pleb experience. Quite nice but tomorrow I’m bringing the camera and recording some stuff.

The last month has been a sprint and it feels so damn good to have the next few days to explore HK, be present and get a podcast out.