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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 me😂 nostr:nevent1qqszp4jz8j7f4mzm44fckup3c2xqte7ra3qrcnshk704m6stqhr08lspz9mhxue69uhkummnw3ezuamfdejj7q3q7nvfw7g53nxjghyd2zg552z06cke0jc0k69hj7ns7f9pw26j9kusxpqqqqqqz8e88mf