NGU is just an intermediate step.
In a Bitcoin-only circular economy, where people earn and spend in sats, price discovery would happen naturally. There’s no need to reference USD for that, is there...
And we ain’t there so continue to avoid using the worlds current measuring stick at your peril.
Inside Bitcoin circular economies the price of goods and services fluctuate by the second. Because the sats price moves in lockstep with the underlying fiat denominated price.
This is current truth. This is current fact.
I like where you want us to go but for the time being I’m rooting myself in truth and reality - no matter how sad that is ;)
Inside Bitcoin circular economies the price of goods and services fluctuate by the second. Because the sats price moves in lockstep with the underlying fiat denominated price.
This is current truth. This is current fact.
I like where you want us to go but for the time being I’m rooting myself in truth and reality - no matter how sad that is ;)