Damus

Recent Notes

RootHodl profile picture
Humans have good hands and good brains. Other animals are far superior in everything else yet we are now starting to use our brains to watch screens and use our thumbs to type on a phone instead of building things.
RootHodl profile picture
Genius act. Now when we use JP Morgan coin with KYC and have it frozen cause any speech that goes against the government is officially classified as terrorism, we all get to be called geniuses and patriots as we enjoy our privacy since we have so much bank secrecy.
RootHodl profile picture
The shitcoins are now buying bitcoin. 😂 . Full capitulation. I think death and gravity are the only things that win as thoroughly as bitcoin wins
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0xKings · 41w
In 2020/2021 was perfect for buy shitcoin, today no… Today, bitcoin only rs I need more bitcoin 🤭
RootHodl profile picture
How much better is society if it has a reliable tool to measure value? How much better is an electrical grid if you have a tool to measure electricity ? Saying a lot better doesn’t properly communicate it.

What if it’s a thing you have to do regardless. We could measure value as small tribes through first person observation of human action. It’s the global layered economy that lacks a reliable unit of measure. But we did it anyway. This is not like simply never building an electric grid until we had a tool / unit to measure it. This is like building and using and living with an electric grid that’s never been measured. Possibly worse.
RootHodl profile picture
There is this ongoing conversation about if bitcoin is decoupling from the Nasdaq or not. Which is about the idea that bitcoin is trading as a risk on or risk off asset. It's obviously still considered a risk on asset by the traders at the margin. These periods where it trades inverse to risk assets is not because that has changed but rather because the focus of the market is on neutrality not risk at the moment.