>NGU is not just a meme, if number doesn’t go up then it won’t be the denominator in any meaningful sense.
What's the timeframe for NGU and what is the expected volatility? I feel Bitcoin is behaving more or less as expected given its historical trend, but everybody is kind of panicking
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My post wasn’t about the price action presently, it’s about the commentary from people who don’t have to worry about feeding themselves on a daily basis and that dismiss denominating bitcoin price in fiat as some kind of perspectival error.
Even if they are rightfully predicting that bitcoin will be the world’s money 100 years from now that is a perfectly meaningless hypothetical to the vast majority of people in the world today.