⚔️Jestem Zero

Exit Notes tells a story of language, history, money and culture and how it relates to cryptocurrency. I have incorporated 77 languages into the collection. And each one comes with a story. The Kurish story is one of my favorites. KÊMBÛNA NIRXÊ LI VIR DIQED After the 1991 Gulf War, and under sanctions, the controlling Iraqi government was unable to order banknotes printed from its foreign supplier. As a result, they began printing dinars domestically. These new Saddam Dinars were poorly made, with thin stock, and easy to counterfeit. Supply exploded in just a few years and the value of the domestic dinars collapsed. In contrast, the older Swiss Dinar notes, printed with high standards, maintained its trust. While the rest of the country used the devalued new banknotes, the Kurdish north refused the new currency and never stopped use of the old one. Since printing new Swiss dinars was unavailable to the Kurds, the supply stayed fixed. This effectively avoided inflation and the value of the currency actually strengthened. When the Saddam-led government collapsed, the new coalition authority introduced an Iraqi Dinar and the Kurdish-used currency exchanged 150-to-1 of the new banknotes.

I've been quietly frustrated with crypto for a while. Some of it leaks out on the timeline. Most of it happens in group chats with friends, where I keep trying to name a product category I can feel but can't quite articulate. Here's my best shot: NFTs can be durable digital toys. Think about the toys you had as a kid. If it was in your drawer, you could come back 20 years later and, as long as nobody threw it out, it was still there, exactly how you left it. Digital things don't work like that. The company goes out of business or gets acquired, the servers shut off, and your stuff is just gone. And more and more of our lives are digital. So what makes a digital toy durable? It's yours. Provably, verifiably yours. Not "yours until the terms of service change." You should be able to come back years later, read the chain, and pick up right where you left off. The actual data, same as it was before. It's expandable. As a kid, you'd grab two sets of toys and imagine what they could do together. You'd race your cars down a ramp you built out of blocks. They were sold separately, by different companies, but in your room you played exactly how you liked. Onchain toys work the same way. You don't need my permission to build on what I made. If you want to use it in a way I never would, just ask your favorite coding agent to build the thing you always wished existed! No need to wait on me. Rare means rare. When something might carry real value, you need honest bookkeeping. If we release 100 of something and rescind ownership of the contract, we cryptographically cannot make more. Anyone can check. No mystery pack odds. No quietly printing extras. Here's the thing, though. Nobody wants to buy a "verifiable toy." That's not fun. The blockchain can be the source of truth. It's there if you want it even if most people will never look at it. The toy is the point. That's what we're building with Chonks. Your Chonk is yours. It doesn't depend on us at all. Its traits and history live on-chain, so if you come back in ten years, it's right where you left it. It's expandable: anyone can plug their Chonk (or anyone else’s) into a game, a comic, or some weird tool we never imagined, no permission needed. And when we drop a trait collection, the number we say is the number that exists. Forever. We spent years treating this stuff like it was only about pictures and floor prices. I think what comes next is a lot more fun. Durable digital toys: digital toys that are actually yours.

Exit Notes - An Origin Story 🧵 1/6 Bitcoin was born to decentralize money. Its proliferation, however, was inherently centralized with the English language a quiet barrier. The code was permissionless, but understanding it wasn’t. A system designed to remove gatekeepers began with a linguistic one. To be an early participant, you first had to understand what was actually written.