Most of them don't know what a peer-to-peer network is. That's great for VIP ticket sales at conferences, but bad for the network. They only care about the fiat price, not p2p electronic cash.
Fiat price is not everything—not the most important thing at the end of the day—but it is essential. Without NGU, there is no point.
If you look at it from the other direction, i.e., an entire successful civilization running on bitcoin as the money, it would have an enormously high fiat number as an exchange rate with fiat civilizations, even if the bitcoin civilization never itself had a fiat money.
If you look at it from the other direction, i.e., an entire successful civilization running on bitcoin as the money, it would have an enormously high fiat number as an exchange rate with fiat civilizations, even if the bitcoin civilization never itself had a fiat money.
21💜1😂1
