NGU as part of our thesis is in the absolute gutter right now.

Nobody gives a shit about freedom money. If they do, they’re clearly buying gold and silver instead.

Payments? “My card works flawlessly every time, why would I ever switch?” Stablecoins are being shoved down everyone’s throats.

Nobody gives a shit or has time to care about the properties of money and credit. “Ludwig von who? Menger? Sounds fake and gay. I’m yoloing into more Palantir and Elon stonks because they get unlimited military funding now.”

They won’t care until they have to, until rule of law starts breaking down in the west, US states secede, assets start getting seized in size, and inflation becomes too farcical to even pretend to ignore.

I’m not selling for any fake fiat assets. Maybe in a few decades when the demonetization is over and equities holders are suicidal with PE’s in the low single digits. For now, hodling Bitcoin isn’t and doesn’t have to be a “trade” - no, hodling is a moral imperative to starve the State, which will ultimately usher in a more humane and fair world than governments have made before.