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Replying to Avatar Maxim

Zeus (self-custody, privacy), Phoenix (self-custody), Liquid (federated, but high privacy), Ecash (privacy), Robosats (on the way to self-custody, federated), Bisq (self-custody), and so on and so forth.

I think that’s normal. A more progressive minority pushes the whole field forward. Only commies live in a world where everyone is equal and equally stupid.

The questions I would ask myself are: Is this bad for bitcoin? I don’t think it cares. Same way the internet doesn’t care about Google. Can the ETF/NGU people manipulate bitcoin price? Yes, either by a small percentage or for a short period of time. Long-term it’s impossible. Can they control it? No, it’s a game of three: miners, users, node runners. Is it bad that some people want only NGU? No, it’s probably the best way for a random normie to get orange pilled.

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wertyyryyr 1y ago

Sorry for my ignorance. What's NGU?

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Maxim 1y ago

Number Go Up.

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Maxim 1y ago

Usually, it is an allusion to people buying bitcoin solely in order to get profit. Sort of when a measure becomes a target, and not a tool for achieving something novel.

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wertyyryyr 1y ago

Hmm I see, I prefer NGD lol

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