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this hodl philosophy will really hurt bitcoin one day. this could end in some kind of deflation spiral...
What if I told you that Bitcoin´s best use case was savings all the time?
Bitcoin is deflationary by design, which is even more extreme due to coins
that are lost forever (lost private keys, people that die with a stash of BTC
without anyone knowing about it...).
This increases scarcity, which is extremely valuable and necessary for BTC
to act as a store of value - something that most so called fiat currencies
are not!
Yeah it hasn't hurt gold or silver. Also, see Gresham's Law.
Gresham's Law also applies to the information the public is receiving about Bitcoin right now.
Bad information (MSM negativity propoganda) drives out good information (what Bitcoin researchers know).