With a fixed supply the only way NGU stops is if adoption stops or is reversed.
I understand this is a very unlikely scenario when there are no alternatives to bitcoin.
I'm just saying that In that scenario bitcoin becomes less and less decentralized and secure over time. With less and less users over time it will just roll over and die.
So in a way NGU is a measure of interest in using and holding bitcoin and by proxy the health of the network.
Zee
npub1fl…pmahg
2024-05-02 21:10:22
in reply to nevent1q…dg8s
Author Public Key
npub1fl9vy7k6l42ncegtugeuav84vz4l56spjaxdj6xhhvmw9fr73s0shpmahgPublished at
2024-05-02 21:10:22Event JSON
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"created_at": 1714684222,
"kind": 1,
"tags": [
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"content": "With a fixed supply the only way NGU stops is if adoption stops or is reversed. \nI understand this is a very unlikely scenario when there are no alternatives to bitcoin. \nI'm just saying that In that scenario bitcoin becomes less and less decentralized and secure over time. With less and less users over time it will just roll over and die. \nSo in a way NGU is a measure of interest in using and holding bitcoin and by proxy the health of the network.",
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}