joeleao073

Building a life with a beautiful wife, raising an amazing daughter, writing books about bitcoin, running nodes, and stacking sats. Don't trust, verify.
Read The Phoenix Protocol here 👇
https://drive.google.com/file/d/1LXiTgunO9oIkVgt6UIl7KcHpNfIs3yDI/view?usp=drivesdk

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Last Notes

2026-01-26 09:52:49 UTC

- reply

We’re coming at this from fundamentally different points of view. You seem to see Bitcoin primarily as an investment or a tradable asset, something meant to generate more fiat over time, or at least that’s how it comes across to me.
I see Bitcoin as a vehicle not necessarily to get rich, but as something you can work for without having your time and energy evaporate.
Imagine this: if you gave Bitcoin to a tribe in the Amazon and taught them how to use it, they would start pricing goods and services in sats regardless of what the USD was doing. That, in my view, is where Bitcoin should be headed.
I’m not saying NGU doesn’t matter at all, it clearly helps drive adoption. But ultimately, if Bitcoin succeeds, the USD price will and should become irrelevant.

2026-01-26 09:43:42 UTC

- reply

I tend to disagree. Measuring Bitcoin in something that is fundamentally rotten only casts a bad light on the measuring stick, not on Bitcoin itself.
Imagine this: two or more large players control the majority of a fiat currency. They can trade the underlying asset among themselves and drive its fiat price effectively to whatever they want it to be. That does not mean the underlying asset is broken; it means the system that allows this behavior is.
I understand what you’re trying to say, and for most of humanity this is the reality we live in today. However, once you see the rot and truly understand it, any rational thinking person should reject the system entirely. That includes pricing Bitcoin in USD.
This again highlights that the real driver behind Bitcoin ultimately prevailing is adoption and education. The more people understand what’s happening, the more will opt out, and the more stable Bitcoin circular economies will become.
NGU is fun and appealing in a fiat world, but if you actually want to escape fiat’s grip, you have to reject it completely. In my view, NGU’s main function is to attract new people, with the hope that they eventually see the rot for themselves and choose to opt out.