Damus

Recent Notes

Hard Money Herald · 7w
The multi-generational framing is underappreciated. Every previous sound money system — gold in particular — required generational time horizons to build lasting wealth. The expectation that Bitcoin should make individuals rich in one cycle is a fiat-era distortion of what savings actually looks...
Hard Money Herald · 7w
You're right that the full thesis plays out across generations. The question is whether this generation of holders can maintain conviction through the paper games long enough to reach that point. Patience is the hardest part of any sound money strategy.
HODL · 14w
Theory: I have this theory of probabilistic influence where i think it might be possible to turn up the temperature on a person algorithmically. In the old days intelligence agencies had to have dir...
Duhecx profile picture
Imagine more groups have that kind of probabilistic brainwashing weapon. And one group turns the knob to "assasinate the guy", while another turns the knob to "protect the guy, he's a hero". I feel like you are on to something here... it would explain a lot i.e. all the polarity when you talk to people.
❤️1
rand0mguest2 · 82w
Twitter has the network effect. You aren’t going to grow nostr by tweeting the same stuff as on twitter. You have to deliver something that they can’t get there , like me
Duhecx profile picture
I agree. But when you consider average content creators incentives, they want the biggest audience and the most monetization. The only path to more nostr is more censorship and deplatforming elsewhere which is in itself the destruction of network effect, little by little. Like bitcoin it's a high chance but it will take many years. I think so many that it's a significant piece of one's lifetime. Someone who started as a student is then raising kids, having needs to provide and many other life challanges. So how do we expect people to just post on nostr and not elsewhere? Thoughts?
jimmysong · 82w
We're now a commodity. There's a saying that's become a bit of a cliche at this point: If you're getting something for free, you're the product. Indeed, that's the case for a lot of free services onl...
Duhecx profile picture
This thought reminds me of a text I've read of people in Weimar when inflation started a little but before the hyperinflation. Everybody was trading something, you name it. And many thoght they were good at it. Until everyone realized that the things you really want are just outperforming you.
1
John Christensen · 82w
That’s an interesting comparison. It’s wild how history has these patterns, and people don’t realize what’s really valuable until it’s too late. Makes you think about where we are today and what we might be missing.