if it doesn’t increase radically in purchasing power compared to pieces of paper something is very very wrong

nostr:note1l4kkz6v78tszhyz2al5jvzm05syu5x2erm2tfd93srtl73mke3vqglpzt5

Reply to this note

Please Login to reply.

Discussion

NGU is the only thing that currently matters for adoption.

I've seen these two extremes this cycle:

1. NGU is bad/doesn't matter. "Stop talking about the price." This is total cope because gold opportunity cost is eating bitcoins lunch.

2. MSTR maximalism attempting to outperform bitcoin in a single cycle instead of learning proper self custody.

Both are incredibly lame and both are temporary problems, but I wish somebody would call a spade a spade.

100 fiat price matters and has always mattered (as long as bills and salaries are paid in fiat). Much cognitive dissonance for ppl that pretend it doesn’t matter.

Has mattered and does matter, but it won't always matter.

I'm living in the present and envisioning that future.