@preston just read this SUBSTACK, great analysis. Thought if you read this then you may want to interview Shanaka...

The $100,000 Question: How Bitcoin’s Silent Institutional Takeover Rewrote the Rules of Capital Formation

A forensic examination of the largest wealth transfer in cryptocurrency history—and why traditional cycle theory just died in real time

Since 1BTC = 1BTC, and all fiat is eventually going to zero, then fiat should be excluded from the equation. BTC = COST OF LIVING GO DOWN TECHNOLOGY, not NGU technology!