Replying to Avatar BoomTown

NGU is “all” that matters because it represents the economic incentive to use Bitcoin. Bitcoin is magical because it aligns economic incentives for all voluntary participants. If you remove the incentive then it is a major blow to the legitimacy of Bitcoin over the short to medium term.
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Bryan 11mo ago

If we fail to protect bitcoin, I promise you, the number will quit going up.

NGU may be important, but it is NOT inevitable. Many of the developers working on bitcoin consider the long term probability of success < 50%

Run a bitcoin node, self custody, validate your transactions (hx)

Fail to protect bitcoin, we end up with NGD tech.

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BoomTown 11mo ago

I disagree with this take. But c’est la vie … I’m hoping bitcoin rips soon and brings the class of 2025 maxis along with it.

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Bryan 11mo ago

Bitcoin is not inevitable. NGU is a function of the underlying decentralized, open source technology. If the tech fails, we lose.