How nice it is to read this on my way to work. I enjoyed the personification of Bitcoin - imagining it to have an immune system made your arguments easier to visualise and conceptualise
I’m afraid I got to ask. What’s NgD?
Number go Down technology
The reality is that BTC is the stablecoin
1 BTC = 1 BTC
Everything else trends down in value against it over the long run
NgU simplifies what’s really going on, it doesn’t matter if the $$ price of bitcoin is going up — that’s true of all assets in fiatville. What matters is how value trends against bitcoin (TO ZERO)
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Thanks for the explanation! Indeed fiat is transient. BTC is forever
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