I see a lot of use of NGU as a slur. He wants NGU. I get this as an issue when it is short sighted greed but surely you all have more than that.
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I see a lot of use of NGU as a slur. He wants NGU. I get this as an issue when it is short sighted greed but surely you all have more than that.
I like more the new term: NLB "Bitcoin's Never Look Back Price"
Comments like this keep me coming back to SN and engaging with folks like you. Thank you for sharing.
https://postimg.cc/zbfRhJJg
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I think there's also the implication that once the number goes up enough you trade it for fiat and buy stuff.
Yeah, and Bitcoin will punish you for it.
NgU is good for normie translation but the reality of bitcoin is that it's NgD!
Yup
What I dont get of critics of NGU is that the opposite would make bitcoin pretty pointless. Holding value in relation to other stores of value is one of the keys to bitcoin utility. Like many things the issues with NGU seem to be with people not the idea or term.
Purchasing power goes up forever. Its all about what you are comparing it to. Comparing to dollars is assumed but many that say NGU get it. They know fiat is number go down.
nothing.
most plebs are broke and need more money.
Over time NgU is natural for property, stocks, gold, IRA and bitcoin