Damus

Recent Notes

bitcoinlimit · 4d
i believe luke has good intentions but that doesn’t mean what he’s doing is right.
jtown profile picture
Just snagged 35 bitcoin blake2b off the NeoxEX exchange lol

Pretty much single handedly moved the market from $90 to $176.

Gonna wait awhile til more coretards join and push the price back down.
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𝖋𝖎𝖆𝖙𝖉𝖊𝖓𝖎𝖊𝖗 (¯`◕‿◕´¯) · 6d
What a fucking moron
Cody · 5d
Are you using neoxa.exchange ?
jtown profile picture
Bitcoin will ultimatly fail because too many high time prefrence NGU retards came in, and instead of thinking "how can I self custody, how can i run a full node", They only thought about how they could shill it harder and easier to normies so NGU can go up faster.

Hence paper bitcoin.

Hence publicly traded mining companies.

All abandonment of former cypherpunk principles for high time prefrence interest payments and NGU. August 8th was just exposing how this phenomenon has made its way into every facet of the protocol.

I have been a fan of monero for a very long time, but now its time to break fucking glass.

Instead of being the liferaft bitcoiners claimed it was, it became so bolted onto the sinking fiat ship that now its going down too.

All to make it easier for grandma to buy in her brokerage account so number would go up faster, fucking disgraceful.

This is why I am buying monero, because the fiat suitcucks wont touch it with a 10 foot pole. And if grandma wants to buy some she can figure it the fuck out.
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Cykros · 2w
If it doesn't it'll only be because nobody cares to put it there. Ordinals and jpegs are entirely still possible on it as were demonstrated before everyone flung themselves off a cliff. Honestly if y...
jtown profile picture
The bip110 changes are only going to be the begining of cleaning the shitcoin cestpool that are bitcoin blocks.

The hardfork just make it infinitly easier now that sovereign bitcoiners (plebs) dont have to continually argue with shitcoiners about not shitcoining on bitcoin.
Cykros · 2w
When the product is money, or really anything where network effects matter, I think you'll find that purity spiraling gets you nowhere. See: betamax. And this is leaving out the matter of most of th...
jtown profile picture
I fundamentally disagree. To me it's a matter of priority. Monero doesnt have arbitrary data littered into transactions and the new bitcoin hardfork won't either.

To me it's about trusting the network to prioritize future full nodes, and I dont believe core and the industry built around bitcoin cares much about sovereignty and future indiviuals who demand it.

To me this has been the equilivant of the decoupling event of the dollar with gold. Without the gold you will lose the trust that was built over a timeframe. I have no idea what that timeframe to be.

I personally wont hold wealth in something that I think will be losing trust instead of gaining it overtime.

Network effects wont save the dollar either, but it can keep it around longer than justified.
Cykros · 2w
If it doesn't it'll only be because nobody cares to put it there. Ordinals and jpegs are entirely still possible on it as were demonstrated before everyone flung themselves off a cliff. Honestly if y'all don't get a bid under it I may just put some there myself. But I will give y'all a chance to bu...
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jtown profile picture
Sure, but what happens if the big business that abuses customers has a competitor open up shop down the street?

Customers end up at the business treating them right and not leeching off them.

Buying stock in the big business losing 25% of its network and trust doesnt seem sound.
Cykros · 2w
When the product is money, or really anything where network effects matter, I think you'll find that purity spiraling gets you nowhere. See: betamax. And this is leaving out the matter of most of the perceived abuse being something I take as a misunderstanding about the reality of peer to peer net...
Hanshan · 2w
It sounds to me like we are getting used to the idea that the amount of *power* we can exert as individuals is very limited. Ie "your node (vote) doesn't matter" People want to feel like they can cause large effect from their personal decisions. They rely on Bitcoin and they want to have a say. The...
goatmeal · 2w
you bought into lies and propaganda left over from 2017 when people said that non-mining nodes can force segwit to become activated. idk if you were actually here in 2017, probably not lol. basically a knotzi is a coretard where the training data got frozen during covid.
Nuh · 2w
Full nodes by default are just a free redundancy for the data availability of Bitcoin, very nice help for SPV clients. But they have no power on Bitcoin. Bitcoin is defined as the heaviest valid chain, the weight part is defined by miners, but the validity part is defined by people providing the pu...