bitcoin is not volatile, fiat is, and the sooner there is a way to insulate ourselves from this hallucination, the better So far the whole broader view of Bitcoin has been formed by the single factor that's heavily manipulated and outside our control - BTC/USD exchange rate. This is predominant even in bitcoiner circles I wonder if any bitcoin merchants/services/offerings have implemented fixed pricing in bitcoin terms? Sounds like a potential suicide but it may be profitable in some cases long-term follow me for more retarded ideas View quoted note β†’
the key problem with all of the judges putting FOSS privacy developers in jail is that they all sound fucking retarded as if they have no clue what they're talking about View quoted note β†’
All aboard the Bitcoin-ship πŸ΄β€β˜ οΈ View quoted note β†’
GM, this is how your family sees you using nostr πŸ˜‚
not sure if this is entirely correct, though it doesn't feel entirely wrong either NGU is just an expression of how much people value bitcoin at a given time. Things can be overvalued or undervalued at times based on sentiment. You can get lots of NGU and still lose some purchasing power since fiat is a flawed political metric. The real engine behind NGU is utility value, that's what has been working for bitcoin since inception - the real engine. Growing bitcoin economy. More goods and services, more payments demanded in bitcoin = more capital to work with, including more NGU. From bitcoiners perspective, what you actually care is number go down - constantly decreasing prices expressed sats and key indicator of bitcoin growth. From normie's perspective, sure - NGU is all that they see at first but we really want people to come and stay for the utility value and native offerings rather than having a digital pet rock for flipping on fiat rails. tl;dr: NGU is a dollar-centered, distorted view, not the engine. Real value creation necessarily involves risk and is expressed in NGD. Maybe I'm just retarded but the above seems more accurate to meπŸ˜‚ image View quoted note β†’
using bitcoin ftw View quoted note β†’