Jesus Christ - talk about talking in circles!
I’m not defending fiat.
I’ll repeat myself again for the folks up the back:
NOT USING USD TO MEASURE BITCOINS PRICE PERFORMANCE IS AKIN TO HAVING...
We’re coming at this from fundamentally different points of view. You seem to see Bitcoin primarily as an investment or a tradable asset, something meant to generate more fiat over time, or at least that’s how it comes across to me.
I see Bitcoin as a vehicle not necessarily to get rich, but as something you can work for without having your time and energy evaporate.
Imagine this: if you gave Bitcoin to a tribe in the Amazon and taught them how to use it, they would start pricing goods and services in sats regardless of what the USD was doing. That, in my view, is where Bitcoin should be headed.
I’m not saying NGU doesn’t matter at all, it clearly helps drive adoption. But ultimately, if Bitcoin succeeds, the USD price will and should become irrelevant.
I see Bitcoin as a vehicle not necessarily to get rich, but as something you can work for without having your time and energy evaporate.
Imagine this: if you gave Bitcoin to a tribe in the Amazon and taught them how to use it, they would start pricing goods and services in sats regardless of what the USD was doing. That, in my view, is where Bitcoin should be headed.
I’m not saying NGU doesn’t matter at all, it clearly helps drive adoption. But ultimately, if Bitcoin succeeds, the USD price will and should become irrelevant.
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