Replying to Avatar Reed

In regards to freedom tech... Does not being poor increase freedom? I believe yes.

So is NgU an important aspect of Bitcoin's freedom tech? I believe yes. Not the only, aspect, but without NgU, we would still be forced to find ways to shield ourselves from monetary debasement, which is a massive inhibitor to freedom in traditional markets.

Thoughts?
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R 1y ago

You are correct. Bitcoin needs to go “up” enough to protect you from monetary debasement. The big gains that come from adoption are nice but not necessarily.

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Reed 1y ago

Right. So NgU is really Dollar go down but with an adoption curve...

The adoption curve though is not number of users, but number of other currency units invested... So if one user adopts $1 of Bitcoin, and one other user adopts $1B of Bitcoin, these are weighted differently.