I also don’t get what the ETF has to do in a comparison between bitcoin and others 🤷🏾‍♂️

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They just want their bags pumped. Which is very fiat but it’s okay as long as they admit that.

I don’t know anyone who owns bitcoin and wants the price to go down long term

I don’t either but I also don’t know any Bitcoiner besides Saylor that doesn’t want hyper bitcoinization. In that world, price doesn’t go up anymore because everything is just price in sats.

Hyperbitcoinization? Not in our lifetimes.

Idk how old you are but I think it’s possible I’ll see it in my lifetime

Price of bitcoin in relation to fiat. Of course it doesn’t go up anymore since in that scenario, there is no more fiat

Which would be a better world. So in a way, you can be a bitcoiner and not want NGU 👀

You mean wanting its value to stay the same as its current value? To what purpose?

*current value denominated in fiat

I just mean you’d want to see the value as 1 btc = 1 btc. Not as 1 btc = $65k. And in that world, prices of everything else goes down.

Ah so youre talking about perception. Ok i get it

The second sentence *requires* NGU, so its a win-win.