Zenthy on Nostr: With a fixed supply the only way NGU stops is if adoption stops or is reversed. I ...
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.
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.