Nostr Web Client

hearing this a lot from normie friends who bought at $50k in 2021 and are seeing only $100k in 2025 or 2x

their points back to me is nvidia, gold, palantir has protected their purchasing power better than btc since then

you can be mad about it and tell them they don't understand the true value proposition, say things like time preference, etc... but i don't think that will help

need nGu in the next year or less individuals will want btc

nostr:nevent1qvzqqqqqqypzqdtgwhlaw2dsdm45c8t6wzslw5qyt5r8waxjrs86llj272ledghgqqspsxt3t323vhm8hfze6gqt8uhf67jpzpnr0w3u8mddx5vtz42rxhgq42hkv

paulo 1mo ago 💬 1

If they can’t appreciate Bitcoin for what it is, its properties, independently of NGU, then they do not deserve NGU.

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Discussion

semisol 1mo ago 💬 1

All of this saying does not really change anything as people look at Bitcoin like an investment and speculation.

To people, gold is a good SoV, while Bitcoin is still (relatively) extremely volatile.

It being volatile is like building a very good house on a bad foundation.

No matter what you do on top, people treating Bitcoin as a volatile and speculative asset is a vicious cycle that will only further cause it to go down that path.

paulo 1mo ago

Then so be it