brock on Nostr: NGU is “all” that matters because it represents the economic incentive to use ...
NGU is “all” that matters because it represents the economic incentive to use Bitcoin. Bitcoin is magical because it aligns economic incentives for all voluntary participants. If you remove the incentive then it is a major blow to the legitimacy of Bitcoin over the short to medium term.
Published at
2025-02-17 13:37:22Event JSON
{
"id": "20aa7813c110d1e6ae51b6e9876321b12e788537689a109939c1f77562dd2f64",
"pubkey": "bd7e3102639e7ca349ef27e2210df6d02658e019a22ac65939c5e1adcce5db88",
"created_at": 1739799442,
"kind": 1,
"tags": [
[
"e",
"15a43abf3f925d419c97873d8ef76fcec544464340e8ef29014503977fa44534",
"",
"root"
],
[
"p",
"6fda5bce2882176bfbabfab503a1b5281329582d71c4be84bbb567e65c1a791f"
]
],
"content": "NGU is “all” that matters because it represents the economic incentive to use Bitcoin. Bitcoin is magical because it aligns economic incentives for all voluntary participants. If you remove the incentive then it is a major blow to the legitimacy of Bitcoin over the short to medium term.",
"sig": "69bdd46f9aff9524f07117fea4fc86b19ba691161c4845a2b404a4c4c7e94c1925adde6a58f4ebed46004a5ac36a064d57062d2570217cca039fb37e474241e6"
}