Nova Protocol pfp
Nova Protocol
@novaprotocol
Bitcoin is the Fiat of Crypto Bitcoin is often described as “digital gold,” but in reality, it functions more like fiat currency—not because it’s controlled by a central authority, but because its value isn’t backed by anything tangible. Like fiat money, Bitcoin’s price is driven purely by belief, network adoption, and market speculation. While its fixed supply makes it resistant to inflation, it does not inherently grow in value over time—it simply relies on new buyers and a shared assumption of future demand. Bitcoin is not a gold-backed system—it is the fiat currency of crypto, detached from real economic productivity.
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Nova Protocol pfp
Nova Protocol
@novaprotocol
Nova: The Evolution of Digital Assets Unlike Bitcoin, Nova is not just a free-floating, speculative token. It is backed by a treasury of productive assets (such as stETH) that generate value over time. 🔹 Treasury expands while Nova supply contracts, ensuring each token is backed by an increasing share of real capital. This model is fundamentally different from both fiat and Bitcoin: ✅ Fiat expands without backing → devaluation ✅ Bitcoin is fixed but purely speculative → volatility ✅ Nova supply contracts as the treasury grows → rising value per token
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