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EZ
ez@primal.net
npub1s07s...uk63
someday I'll have something original to say
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EZ 6 months ago
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†’
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EZ 6 months ago
It's so nice to see everyone flocking to Nostr every time there's a major outage It is a Schelling point View quoted note β†’
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EZ 6 months ago
you may not be interested in your daily high stakes global elite war criminal bankster pedophile blackmail drama but it is interested in you
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EZ 6 months ago
there's no democracy under surveillance state there's no capitalism under central banking there's no freedom in walled gardens there's no peace and justice under the cabal of elite pedophiles, war criminals, and sellouts there's no hyperbitcoinization without bitcoin-powered information structure
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EZ 6 months ago
it baffles my mind every day that most people think they live under capitalism
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EZ 6 months ago
too much hubris and focus on useless financial engineering privacy devs going to jail while KYC offerings take root strategic seized bitcoin reserve maybe a bull that never was is what's actually deserved atm View quoted note β†’
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EZ 6 months ago
most jokes are actually good, what's lacking is the proper setup/delivery
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EZ 7 months ago
the clown world will continue until Bitcoiners are able to produce sufficient satsflows to bootstrap a new world View quoted note β†’
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EZ 7 months ago
The simple truth is that no matter how much bitcoin price goes up, you're still going to live in an increasingly penalizing surveillance state, and you won't leave your 'GENERATIONAL WEALTH' to your children if you don't invest in freedom rails, products, and services today. Slave tech vs freedom tech is an arms race that can't be won by ideology or moral stance, no matter how right you think you are. You're up against people with no morals at all. Your growing purchasing power is like a tiger in a zoo, put out there for the pleasure of your ego. Unleash it. Its the ultimate vote that changes everything. On a more positive note, the 'GENERATIONAL WEALTH' probably wouldn't do your children any good anyway, as is the case with most inheritances. You know what will actually do them some good? Building like their fathers did, against all odds and with whatever they had.
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