Bugeater on Nostr: Number go up technology (NGU). It’s a term used describe the inherent and distinct ...
Number go up technology (NGU). It’s a term used describe the inherent and distinct qualities of Bitcoin that inevitably result in its price rising over time (scarcity, halving cycles FOMO, fiat debasement, game theory, and human greed). It also denotes a feedback loop that pulls in more and more people into the space — think of it as a black hole that is repricing everything. Many come for number go up, but some stay for the revolution to HODL separate money from state.
Published at
2022-12-27 03:08:07Event JSON
{
"id": "cfdbc3d92bec45c05d08a7e3ea4ac90620c6ef0f096529d2915e1d570359e448",
"pubkey": "e6867a0223d1aa9758c13570c264191ab527d61adaef032bf23f5b94cf7b3738",
"created_at": 1672110487,
"kind": 1,
"tags": [
[
"e",
"4c0491a2987914936201c5817db3509bda50132c50895653a9b860f4cbe3e71f"
],
[
"e",
"66d2d46f882ef1e5f199d4750ccd827de8a0637785713e6aa643cb810f6cd9a3"
],
[
"p",
"d0e5724689479a152261236c6049922766ff0dc54ab673eef2fc27b92edbe952"
],
[
"p",
"d9e706e43f73f978a7607bcc42149cfdad3e639dc1c3cc158e2a2277d9f636b0"
]
],
"content": "Number go up technology (NGU). It’s a term used describe the inherent and distinct qualities of Bitcoin that inevitably result in its price rising over time (scarcity, halving cycles FOMO, fiat debasement, game theory, and human greed). It also denotes a feedback loop that pulls in more and more people into the space — think of it as a black hole that is repricing everything. Many come for number go up, but some stay for the revolution to HODL separate money from state.",
"sig": "c33e57d6ac82619857989b766a005591c9c352d37734f3cea1e7186fa7cf04735d12981091e6fe6198f0c90c0b1c338c5706def02a9f8af74b0f91327031d561"
}
