bitman on Nostr: What most Bitcoiners don’t understand (partly due to economic illiteracy) is that ...
What most Bitcoiners don’t understand (partly due to economic illiteracy) is that demand for Bitcoin as money (i.e., actually spending it) will ultimately drive NGU. It’s a classic catch-22: they hoard sats while waiting for NGU, but NGU will only accelerate once they start spending.
Published at
2025-03-17 12:58:15Event JSON
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"content": "What most Bitcoiners don’t understand (partly due to economic illiteracy) is that demand for Bitcoin as money (i.e., actually spending it) will ultimately drive NGU. It’s a classic catch-22: they hoard sats while waiting for NGU, but NGU will only accelerate once they start spending.",
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