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
I wasn't looking for a stock, to invest in a company that meant nothing to me. I was looking for sound money.
Very glad it exists.
Most people need sound money but nGu is the Trojan horse that shows them that truth
Most people are impatient retards that love the frog boil
From their perspective they can buy more btc now than they could in 2021 simply because they chose to buy something else then
The arbitrary timeframe game is so exhausting with its tiny crumbs of validity.
But I do acknowledge that is how they think. They latch onto their favorite timeframe that fits their bias.
Yep, I'd argue 4 years isn't that arbitrary. We as btcers have argued that holding 4 years leads to big nGu.
All I'm saying is without nGu it will be tougher to get individuals to understand BTC more deeply. It's our Trojan horse.
This is why you DCA instead of FOMOing a lump sum. Their gains went from a potential of 400%-500% to barely 100%.
The true value of Bitcoin becomes visible only in time of needs, example Russia today, russians are not able to pay or exchange rouble anywhere in the world and it devalues at an increasing rate, can't take your Gold/Stocks and leave the country in a emergency situation.
Bitcoin can be moved and exchanged for other fiat currencies which also can be used to pay outside of their country
You and I know that, I have lived it in Cuba, but reality is that most individuals in the western world don't accept that situation as a risk. So nGu is what brings them and helps them learn about it.
Yes true, I also kind of like this situation since it is also a sign of prosperity to not need it yet.
Plus it gives the early adopter advantage, which soon will be gone.
Always remember, gradually then suddenly.
The same it happened when the first Iphone released we leaped into a new age in less then a decade
I don't feel the need to justify bitcoin to these people. If fewer buy bitcoin, it's because they don't understand money. Their brains have been warped by the fiat system, and they will go where that leads.
Lambs to the inevitable slaughter / more cheap sats for us 😊
I think about this too. The boredom is real.
It’s a sensible argument from the normies. To each their own. But three things I have noticed they never account for in their argument; 1) they will have to pay roughly 15-40% cap gains taxes on whatever they liquidate (depending on tax jurisdiction), 2) you cant buy products (like soap or vpn access) directly using the asset, 3) its less liquid compared to BTC when you need it fast (weekends, bank holidays, clearing house, compliance wait times. 🤷
If they can’t appreciate Bitcoin for what it is, its properties, independently of NGU, then they do not deserve NGU.
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.
Then so be it
This is why but we will fix it. History shows that UASF win in the end no matter what
As my uncle nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqpp4mhxue69uhkummn9ekx7mqpr4mhxue69uhkummnw3ez6ur4vgh8wetvd3hhyer9wghxuet5tm8sjr says, we're on Bitcoin time. If you want to get rich quick try the shitcoin casino or stocks. If you DCA Bitcoin has always had the better performance with a time horizon of more than 4 years 😏
